Why is marginal change so Important in making economic decisions?

Answers

Answer 1

Answer:

Marginal costs and benefits are a vital part of economics because they help to provide the relevant measurement of costs and benefits at a certain level of production and consumption. If measured marginal costs and benefits are provided, it is much easier to calculate the ideal price and quantity.


Related Questions

What was reapportionment?
a process that gave African American and Hispanic voters more power
the designation of electoral districts based on population rather than other
factors
the way in which the chief justice of the Supreme Court was appointed
What was reapportionment?

Answers

Answer:

the designation of electoral districts based on population rather than other

factors

Explanation:

Reapportionment is the designation of electoral districts in the United States House of Representatives using changes in population as a factor.

For instance, if a city in the United States had a double increase of population over a period of 10 years and the House is not reapportioned, then the number of people the congressmen are representing will be more than if they are reapportioned.

which item is an expample of a secondary source

Answers

Answer:

Examples of secondary sources are scholarly or popular books and journal articles, histories, criticisms, reviews, commentaries, encyclopedias, and textbooks. Secondary sources describe, discuss, interpret, comment upon, analyze, evaluate, summarize, and process primary sources.

Explanation:

magazines, newspapers, reports, encyclopedias, documentaries

Read the reflection from Kara's narrative.
Which best revises sentence 2 to make it more precise?
Abel
1 Ironically, it is from my much younger-and, I used to
think, less wise brother that I learned the value of being
honest even when a lie may seem far more tempting at
the time. 2 I knew that what he did that day must have
been extremely difficult for him. Yet there he stood,
taking responsibility for his actions with not a glimmer of
hesitation. It is this determination and resolve to do
what is right-even when what is right is not what is
easy-that I remembered many years later in college
when faced with a similar predicament of my own.
Watching him bravely tell the truth about what had
really happened that day and how he had been the
one responsible for the destruction of our neighbor's
award-winning flower garden, I realized that he knew
he would likely face unpleasant consequences.
o I tried to imagine how difficult it must have been for
someone so young to do something so courageous
and what must have been going through his mind, but
all I could think about was the punishment he would
probably receive for doing the right thing.
Although my brother appeared to be acting bravely, I
was certain he was tempted to do the wrong thing that
day to avoid some sort of unpleasant punishment, and
I thought for a second that he would change his mind
at the last moment.
My brother's actions that day were very admirable.
SA

Answers

Answer:

A

Explanation:

Watching him bravely tell the truth about what had really happened that day and how he had been the one responsible for the destruction of our neighbor’s award-winning flower garden, I realized that he knew he would likely face unpleasant consequences.

The Answer is A : Watching him bravely tell the truth about what had really happened that day and how he had been the one responsible for the destruction of our neighbor’s award-winning flower garden, I realized that he knew he would likely face unpleasant consequences.

What is a reason timelines are organized chronologically? to make the events easier to read to identify the importance of the events to help determine the causes and effects of events to provide an in-depth understanding of events

Answers

Answer:

to help determine the causes and effects of events

Explanation:

Chronology refers to the arrangement of events in the order in which they occurred. The arrangements of events in this manner helps to determine the causes and effects of events.

Determining the cause and effects of events gives us an idea of things that happened that led to the occurrence or the differences of an event. This however helps us have a better idea of the history and have a clearer understanding.

What are the stages civilizations go through

Answers

Answer:

The stages of civilization given below.  

Explanation:

There are different stages or phases people have to cross, which led to the rise of civilizations in the world. The beginning starts with people cultivating crops and domestication of animals. Farming leads to food surpluses which help people to settle in one place and cause an increase in population. As the population grows gradually, settlements grow larger. With a growing community, people become involved in other works like artisans, soldiers, guilds, etc. Slowly settlements grow into cities with flourishing trade and commerce. To control order and put restrictions government formed in the cities. There all this led to the rise of civilization.

What can I learn about society in Christopher Columbus’s days!?

Answers

Answer:

While Christopher Columbus and his crew of explorers were not the first Europeans to set foot on land in the western hemisphere (i.e., temporary Norse timber colonies of Leifsbudir and Straumsfjord circa 1000CE, in Newfoundland and Nova Scotia, Canada), they were the first such explorers to be heralded for their "discovery" of new lands to the west.  The Viking explorations centuries earlier were accomplished by seafaring peoples with no written language or histories, so the knowledge of such North American settlements was lost until recent archaeological excavations and the so-called Vinland documents.  Nevertheless, it is Christopher Columbus and his crew who are remembered as being the first Europeans to discover the new world.  This discovery brought with it rapid colonization by the western European powers (namely, England, France, Spain, Portugal and the Netherlands), new trade commodities, advances in seafaring and supply preservation, and new contacts between cultures.  Unfortunately, Columbus' discovery of the new world is also shrouded by the violence and death directly and indirectly inflicted on peoples indigenous to the western hemisphere.  

Christopher Columbus' discovery undoubtedly changed history by opening up new lands for the European imperial powers to colonize and conquer, signaling the end of western hemisphere civilizations that were pushed to extinction or collapse, introducing products such as corn, potatoes, tobacco and chocolate to the rest of the world, and by laying the foundations for the new states of the western hemisphere.  

*Directions- For this discussion you should include the following... A link to an article which you believe is an example of "fake news" THREE reasons as to WHY you believe the article is fake or wrong A short (AT LEAST ONE SENTENCE) explanation of how fake news relates to the study of history.​

Answers

Answer:

Fake new can spread rumors and can affect the way normal people think.

Explanation:

Describe how technology changed the way music was recorded and packaged in the years leading up to 1954

Answers

Answer:

technology is bringing two or more electronic device to form a particular in playing with electric so if you want to get the answer from the explanation of technology you will be able to find out the answer

How did Plunkitt begin his political career?

Answers

Answer:

One of the leading figures in the New York City political machine called Tammany Hall, George Washington Plunkitt has marked an unmatched place in City politics.

Explanation:

He was first voted to the New York State Assembly in 1868, and there was a time when he drew three salaries from the public offices of New York City. He was elected to the U.S. State Senate in 1883. In this period, the Tammany machine retained firm influence in the politics of New York, and Plunkitt was voted to a long series of public positions as an incentive for his commitment to the organization.  Plunkitt was the leading name of the 15th Assembly District, a predominantly Irish bastion on the West Side of Manhattan.

Whose shrine does the Durham Cathedral house? What other purpose did/does the cathedral serve?

Answers

Answer:

It was built as a monastic cathedral to house the shrine of Saint Cuthbert.  It replaced an earlier church constructed in his honor.  Originally, Durham Cathedral was built as a monastic cathedral for a community of Benedictine monks. The cathedral also served a political and military function by reinforcing the authority of the prince-bishops of the Catholic Church over England’s northern border with Scotland.

Explanation:

Answer:

The shrine there's the Shrine of St Cuthbert. The cathedral is a form of a reliquary and a library for plenty incredible and critical spiritual and ancient works of Great Britain, which includes copies of the Magna Carta and the stays of the Venerable Bede.

What is the most-controversial section of the Compromise of 1850?

Answers

Answer:

Of all the bills that made up the Compromise of 1850, the Fugitive Slave Act was the most controversial. It required citizens to assist in the recovery of fugitive slaves. It denied a fugitive's right to a jury trial.

Explanation:

Explain how today's racially charged events are the mature fruit of seeds planted in the past.

Answers

Explanation:

Let's take for example what botanist belief happens when a seed is planted.

First, after the seeds are planted they grow roots. Second, after the roots take are grounded in the soil a small plant will begin to emerge, and then sprout through the soil.

Similarly, events that started or preceded The civil rights movement of the 1950s and 1960s acts as the roots that spouted today's racially charged events.

The map shows ancient river valley civilizations. Map of river valley civilizations. Land near the Nile River is labeled A. Land near the Tigris and Euphrates Rivers is labeled B. Land near the Indus and Ganges Rivers is labeled C. Letter A shows the location of which ancient river valley? Tigris Indus Nile Euphrates

Answers

The correct answer is C. Nile

Explanation:

First human civilizations developed in river valleys as these locations offered access to water, which was an essential resource for agriculture, raising animals and transportation. This included the Ancient Egypt civilization, which developed along the Nile River in the territory that is now Egypt in North Africa. This civilization emerged around 3100 BC and was known due to the development of a complex writing system (hieroglyphics) and its dynasties. Additionally, in the map described the location of the Nile river valley is shown by letter A because the Nile river valley covers the territory near to the Nile River, the area where the Ancient Egypt or Nile River Valley Civilization developed.

Answer:

It Is The Nile river i got it right in edge and i got 100%

What are the main beliefs of Eastern Orthodox?

Answers

that they are the Eastern Orthodox

Complete the chart to identify the kinds of information and benefits provided by each type of primary source historical evidence. For each resource type, list an example and how this particular type of resource can help support an argument.
maps-
charts,tables and graphs-
letters and diaries-
advertisements-
photographs-
political cartoons-


Answers

Answer:

Maps - This primary source helps us understand how the people at the time understood the world around them.

Charts,tables and graphs - these primary sources give historians useful statistical information about the time period being studied.

Letters and diaries - these primary sources provide great insight because they are personal accounts of people who lived in the historic period.

Advertisements - these primary sources tell us not only about the business trends of the time, but also about the cultural values and expectations that were common.

Photographs - Photographs are accurate images of places at the time being studied. For this reason, they are very valuable primary sources for historians.

Political cartoons - these primary sources give historians insight about the political opinions at the time, often the opinions of those who opposed the political regimes that were in place.

Answer:

maps- Battlefield maps can provide visual data showing strategy and results.  Demographic maps can show visual representations of trends in population, politics, and more.

charts, tables, and graphs- These ways of representing numbers can help provide context to data. Patterns, averages, rates of change, percentages, and more are good ways to "see" history.

letters and diaries-These resources can provide firsthand information, often showing emotion and biases of perspective. You can learn anecdotal information about relationships, events, and the like.

advertisements- By examining the target audiences, strategies, and prevalence of advertisements over time, historians can learn about popular culture, demographics, and economic focus and stability of a particular time.

photographs- Photography is one of the most compelling and trusted forms of historical evidence. Photographs tell a story without words. They provide visual reality and can document events or stories over a period of time.

political cartoons- These humorous, often sarcastic, works can provide information about the political culture of the time. In particular, they can help illustrate multiple perspectives on an issue, with the cartoon usually representing a dissenting or critical voice.

Sample on Edmentum

which is the best definition for the term American frontier

Answers

Answer:

A shifting area where pioneer settlement ended.

Give examples of the steps that lead to a revolution

Answers

Answer:

How to Start a Revolution is a BAFTA Award-winning British documentary film about Nobel Peace Prize nominee and political theorist Gene Sharp, described as the world's foremost scholar on nonviolent revolution. The 2011 film describes Sharp's ideas, and their influence on popular uprisings around the world.

Explanation:

Imagine a day in your life without any computerization. How would it be different?​

Answers

Answer:

It would definetly be very different.

Explanation:

No computerization means no internet and no games. This would be different but quite nice. You would have to talk to you friends more, play outside more, and be aware of what's going around you. Sometime we humans are so into our videos and games that we dont even understand what we are eating or drinking. Playing outside more also is a very good exercise which balances out with the food we eat. These are my ideas. Hope it helped!

Answer:

Well, first off I would feel time were to pass by more slowly at certain times. For most of us, we already adapted and gotten used to the use of technology and computers daily which will make it difficult for those. However, if you don't rely on technology as much, it would be easier. Personally, I would be fine. I would be more interactive with others and the environment than if I were cooped up in here watching movies and on technology. I possibly would spend more time outside enjoying nature and doing things I enjoy that don't result in me using technology. I can think of many things such as going to the beach, water park, amusement park, reading, swimming, and tanning.

Why were slaves important to the colonial economy?

Answers

Answer:

Free Labor

Explanation:

The hold colonial slave system is what made the South so rich, as their entire economic system was based around the free labor the slaves provided.

A "conjunction" is a truth-functional relation symbolized by the truth-functional symbol "&" and is usually translated as "and."
A. True
B. False

Answers

Answer:

True

Explanation:

A conjunction is a grammatical term or part of speech that happens to describe how a word is utilized to connect clauses or sentences or to harmonize words in the same clause. It can either be subordinate, coordinating, or correlative conjunction.

Hence, it is TRUE that a "conjunction" is a truth-functional relation symbolized by the truth-functional symbol "&" and is usually translated as "and."

What was the Gandhian concept of fighting the Indian Freedom Struggle?

Answers

Answer:

The Gandhian strategy is the combination of truth, sacrifice, non- violence, selfless service and cooperation. ... Gandhi used non violence in India's freedom struggle as main weapon and India became independent from British rule.

Explanation:

Answer:.

Explanation:'

The Black Death effected Europe by...

Answers

Explanation:

Plague brought an eventual end of Serfdom in Western Europe. The manorial system was already in trouble, but the Black Death assured its demise throughout much of western and central Europe by 1500. Severe depopulation and migration of the village to cities caused an acute shortage of agricultural labourers.

Uhm pretty much by doing what the other person said

We study history by Era because?

Answers

Answer:

Because history is different in each era

Explanation:

The Constitution provides that presidential electors are to be

Answers

Answer:

Nominated

Explanation:

What did Shay’s Rebellion serve to do?

Answers

Answer:

>

Explanation:

Shays rebellion was an armed uprising in opposition to debt crisis. Shays, and about 1200 others, headed to a state arsenal, intending to seize weapons before marching on Boston.

what is one way that historians can establish the authenticity of a primary source

Answers

Answer:

by conducting endless chemical tests on the source to establish its reliability.

Explanation:

A person whose job is to seek out
the betterment of a company is
known as what?

A. Spy

B. Competitor

C. Trustee

D. Antitrust

Answers

Answer:

Trustee is the answer

A person whose job is to seek out the betterment of a company is known as a Trustee of that company. So the correct option that matches with the above statement is C.

A trustee works for the organization and take s the decisions that will be beneficial for the company and will lead to increase the profitability, productivity and goodwill of the company.

A trustee is referred to as a person who has the authoritative powers in the management of daily affairs of the company. A trustee may also be a promoter of the company or elected as such.

A trustee is as good as the majority stakeholder in the company and hence takes the decisions like employment, procurement, and productions all in the best to the interest of the company.

A trustee's is however also eligible for the losses born by the company due to such acts that were performed in equal proportion of the profits enjoyed by him.

Hence, the correct option is C that a Trustee is a person whose job is to seek out the betterment of a company.

To know more about a Trustee, click the link below.

https://brainly.com/question/5367441

What took place at Delphi? What does this indicate about religion in the Classical Era?

Answers

The correct answer to this open question is the following.

We are talking about ancient Greece times. What took place at Delphi was that many people from Greece and other distant lands visited the Temple of Apollo to consult the Oracle that was there. There was a priestess whose name was Pythia, who was the woman who could communicate with the Oracle to make predictions.

This place was a mystical sanctuary for most people who attended the temple just to consult with the priestess about future events. So one could see people of all kinds, making lines to have a space with the Pythia. What does this indicate about religion in the Classical Era was that mysticism dominated this time, where people had their religious principles but were inclined to these superstitious beliefs in order to anticipate future events.

What did the two world wars change? Select ALL that apply

-economic ruin for many nations

-nationalism declined

-oppression was on the rise

-nation after nation was able to gain its freedom

-two superpowers came into being​

Answers

Answer:

Economic ruin for many nations.

Two superpowers came into being.

Explanation:

After world war I:

About $360 billion dollars were lost.

After world war II:

About $2000 billion dollars were lost.

Two superpowers came into being.

USA and USSR or The United States of America and United Soviet States of Russia became the two countries that lead the world.

Oppression was on the rise:

Most Europe countries colonised Africa.

Hope this helps ;) ❤❤❤

Applying Using your graphic organizer, classify each of the following statements with the theory of origin that describes it. a. The emperor was chosen by God to rule China. b. A father or grandfather ruled over a family or tribe. c. A leader and some of his followers gained control by intimidating people to carry out important work. d. People hated anarchy, so they gave up their freedom for order.

Answers

Answer:

A. The emperor was chosen by God to rule China = Divine Right Theory

B. A father or grandfather ruled over a family or tribe = Evolutionary Theory

C. A leader and some of his followers gained control by intimidating people to carry out important work. = Force Theory

D. People hated anarchy, so they gave up their freedom for order. = Social Contract Theory

'Graphic Organizer' is characterized as the visual tool through which the association between a set of concepts, ideas, or facts is presented graphically.

The categorization of the given statements to the theory of origin they belong to is as follows:

a). The emperor was chosen by God to rule China - Divine Right Theory

b). A father or grandfather ruled over a family or tribe - Evolutionary Theory

c). A leader and some of his followers gained control by intimidating people to carry out important work - Force Theory

d). People hated anarchy, so they gave up their freedom for the order - Social Contract Theory

'Divine Right Theory' states that the kings have gained the power or the "divine right" to rule the people from the almighty and hence, they are not answerable to any of human authorities like parliament. 'Evolutionary Theory' asserts that evolution leads to differing behavior and mindset among the various generations of a similar species due to the environment they've been provided and the development they undergo. 'Force Theory' talks about founding or setting up a new empire or government through coercive means. 'Social Contract Theory' lays emphasis on the collective attitude while living in society by following certain moral, as well as, political norms to live in peace and harmony without any disturbance.

These definitions give us the base to correctly organizing the statements with the theories they are associated.

Learn more about 'Theory of Origin' here:

brainly.com/question/10929736

Other Questions
find the sum and difference of the greatest and the least six digit number formed by the digits 2,0,4,7,6,5 using each digit only once Nonmetallic elements form ions by _______ valence electrons to complete their outer shell. The ______ valence electrons an element has in its outer shell, the easier it is to complete. The _______ electron shells an element has, the easier it is to fill its outermost shell. Reactivity in nonmetals _______ as you go from left to right in a group, and ______ as you go from top to bottom. what is x times negative 2 Sorry its the best quality photo I could get A company has three product lines, one of which reflects the following results: Sales $235000 Variable expenses 135000 Contribution margin 100000 Fixed expenses 130000 Net loss $ (30000) If this product line is eliminated, 60% of the fixed expenses can be eliminated and the other 40% will be allocated to other product lines. If management decides to eliminate this product line, the companys net income will How many x or y intercepts can a quadratic function have? 0-2 x-intercepts and 0-1 y-intercept 2 x-intercepts and 1 y-intercept 0-2 x-intercepts and 1 y-intercept1-2 x-intercepts and 0-1 y-intercept What displacement do I have if I travel 10 m E, then 6 m W, then 12 m E? A. 16 m E B. 28 m E C. 28 m D. 16 m please I need your help with this question. Thank you. Read the quotation by Peter Zenger's lawyer, andthen answer the question.According to Hamilton, why is freedom of thepress so important?It destroys all other freedoms.It protects all other freedoms.It saves the colonial government.DONE a. Add to the formula in Interactive Question 3.5 toshow how increasing (CO2) dissolving in water leadsto a lower pH.b. Use this formula to explain how a lower pH wouldaffect the [CO32-) in the ocean.HCO3 SCO32- + H+c. Assuming a fairly constant (Ca2+] in the ocean, howwould a change in (CO32-) affect the calcificationrate--the production of calcium carbonate(CaCO3)-by the coral in a reef ecosystem? Phillip deposited $7,775 into a savings account 14 years ago. The account has an interest rate of 4.5% and the balance is currently $14,398.87. How often does the interest compound? (2 points)dailymonthlyquarterlyannually You roll a single die numbered from 1 to 6 twice. The probability of rolling a 6 the first time and an odd number the second is the setup. What is the probability fraction "rolling a 6 the first time"? Discuss how the fact that Louise lives in Leadville, CO and will be competing in Birmingham, AL might affect her 40K cycling competition. Be sure to mention specific physiological changes in your answer. Higher nominal interest rates ______ the amount of money demanded and higher real income ______ the amount of money demanded. (c+5)/(-2)=13Someone please help Write an equivalent expression by distributing the "-" sign outside the parentheses: 2h-(-2.3k-4) 2h(2.3k4) write the slope intercept form of the equation of the line through the given point with the given slope through (2,5) , slope 2 ____________________ multiplexes or separates the data to be transmitted into smaller chunks and then transmitted the chunks on several sub channels. "Jenson signed a seller agency agreement with Susan. Right before closing, a hurricane destroyed the property. What happened to Jenson and Susan's agreement?" Translate to an algebraic expression: 3 times the difference of a number and 4 is 33