<u>Marginal Costs & Marginal benefits in a choice you made.</u>
Assume that I want to buy an ornament for hands. I spend $500 for purchasing an ornament. When I was supposed to see another I wish to buy that. But spending again for the ornaments also not a good idea. I am also not willing in spending $500 for the ornament. So, I decided to go for an ornament that costed only $250. No, my marginal benefit get decreased from $500 to $250. When I decided to go fro the second one or more than one of same good my marginal benefits decrease.
Marginal cost is something that changes in a smaller range in the production of one additional unit. For example I decide to manufacture 500 pens. i need raw materials for the production and a building and machine for production. The change in the cost or expenses that happens when I decide to produce 600 pens is the marginal cost.
Answer:
Accomodation
Explanation:
Indirect conflict management is management of conflict that aims to settle conflict between parties by adopting a strategy that involves less contact between conflicting parties.
Indirect conflict management uses the following strategies:
managed interdependence, appeal to common goals, upward referral, altering scripts and myths
Cotton gin, separated cotton from seeds, and lessened the need for slave labor in cotton fields. It produced far more cotton than men separating it by hand
Answer:
☮️ peace and love................
