The economic principle that you are taking into account is the marginal principle.
<h3>What is the marginal principle?</h3>
The marginal principle is an economic principle that states when making a decision, compare the marginal benefit of the decision to the marginal cost of the decision. The course of action should only be taken if the marginal benefit is greater or equal to the marginal cost.
Marginal cost is the additional cost generated by producing an additional unit of output. Marginal benefit is the benefit derived from consuming one extra unit of a good.
For example, the marginal benefit of the tenth and eleventh slice is $10 and $7 and the marginal cost of the 10th and 11th slice is $10. The marginal principle suggests that the person should buy only ten slices of pizza.
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Answer:
False
Explanation:
The burndown chart is a visual analysis tool used in projects execution to express the work completed daily against the outstanding purposely to ensure that project are completed and delivered with the agreed timeline.
It measures effort in relation to the level of work done and also keep the team on daily schedule.
The chart represents the work done on the vertical (Y) axis and the time on the horizontal (X) axis.
Answer:
B) Ryan's stock was sold for $9 a share causing him to lose most of his profits.
Explanation:
Stop loss order means the limit the loss to the extent investor has opted. Since Ryan placed a stop loss order at $70, so, when the price of the stock starts at $9, the stock would be sold at $9 because it is the next available price to what he placed a stop loss order.
So, the Answer is Ryan stock is sold for $9 a share causing him to lose most of his profits.
Answer:
metro area in the north
Explanation:
more business and big cities like new york (just an example)