The marginal cost of the second meal deal is $5.
<h3>What is the marginal cost?</h3>
The marginal cost is the change in total cost when consumption is increased by one unit.
Marginal cost = change in total cost / change in consumption
($15 - $10) / (2 - 1) = $5
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Answer: The Objective part.
Explanation: The SOAR structure is a strategy used in providing comprehensive answers to interview questions. The word SOAR is an acronym that stands for Situation, Objective or Obstacle, Action, and Results.
The aim of using the SOAR technique is to answer an interview questions by referring to a situation in which a task was given, how the task was handled and the result gotten.
Therefore, the scenario described in the question above is an example of the objective aspect of the SOAR structure, because it outlines the objective of the task to be carried out in order to achieve a certain result.
Based on economic theory, scarcity is limitation of a resource which cannot be replenished. Shortage is used to indicate a market condition.
When applying this definition to your question, A is your answer.
Students are required to evaluate and analyze the data they gather in order to develop explanations for their results.
<h3>What is analyzing data?</h3>
To analyze anything is to break it down into its component parts and look at each one separately. Getting raw data and turning it into information that users can use to make decisions is the process of data analysis. In order to find answers, validate theories, or test hypotheses, data is gathered and evaluated.
Data analysis, according to statistician John Tukey, is:
"Procedures for analyzing data, techniques for understanding the findings of such procedures, methods for organizing the collection of data to make its analysis simpler, more accurate, or more precise, and all the equipment and results of (mathematical) statistics which apply to analyzing data."
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