Marginal benefit is more than marginal cost that is why some people more than others enjoy buying a lot of shoes.
Explanation:
When marginal benefit is more than marginal cost the resources were used more efficiently, when there is increase in the quantity. Marginal cost is the cost incurred by producing one extra unit of the commodity. Marginal benefit is referred to as the extra benefit received by consuming one extra unit of the benefit.
in case of shoes the consumer will buy more shoes because he or she is getting extra benefit by consuming one extra unit but when the marginal cost becomes more than the marginal benefit he or she will not like the benefit because the consumer has to pay more for using the benefit.
Like everywhere you go, though they may vary
Early Trade. The first Europeans to purchase furs from Indians wereFrench and English fishermen who, during the 1500s, fished off the coast of northeastern Canada and occasionally traded with the Indians. In exchange, the Indians received European-manufactured goods such as guns, metal cooking utensils, and cloth.
Answer:
2/9
Explanation:
Box A has 6 Red and 4 Blue balls - Probability of getting a Red is 4/10 = 2/5
Box B has 4 Red and 8 Blue balls - Probability of getting a Red is 4/12 = 1/3
You roll a dice, Probability of getting less than 3 is 2/6 = 1/3
Probability of getting 3 or more is 4/6 = 2/3
So, the Probability of picking from Box B is when you roll 3 or more which is 2/3, and the probability of getting red from Box B is 1/3.
Combining together, 2/3*1/3 = 2/9.
Nazi leaders sought to expel Jews from Germany by sistematically isolating them from society and eliminating them from the German Economy, depreving them of any opportunity to earn a living
