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What is the equation for marginal net benefits?
Marginal net benefits= Marginal benefit- Marginal cost
When a firm's marginal revenues are higher than its marginal cost?
Marginal cost is
What is marginal profit?
In economics, marginal profit is the difference between the marginal revenue and the marginal cost of producing an additional unit of output.
If you have Marginal Cost and Marginal Damages how do you find the optimal level of output?
The optimal level of output is where marginal costs = marginal damages.
What war the 3 stages of production?
Three stages of production are increasing marginal returns, diminishing marginal returns, and negative marginal returns.
How much of earth's mass is water?
71% of Earth's surface is covered in ocean and marginal seas. Marginal seas includes such places as the Mediterranean, Gulf of Mexico, etc. However, that large percentage of surface area being water can appear to be misleading as most estimates place the actual percentage of the Earth's mass from water at around .023%.
From the marginal world by Rachel Carson. What is the marginal world?
The marginal world, as described by Rachel Carson, refers to the diverse and fragile ecosystems that exist at the edges of seas and rivers. These areas are crucial for supporting a variety of plant and animal species and play a significant role in maintaining overall ecological balance. Carson emphasizes the importance of protecting these marginal areas from human activities that could disrupt their delicate balance.
What is the equation for marginal net benefits?
Marginal net benefits= Marginal benefit- Marginal cost
When a firm's marginal revenues are higher than its marginal cost?
Marginal cost is
What is marginal profit?
In economics, marginal profit is the difference between the marginal revenue and the marginal cost of producing an additional unit of output.
If you have Marginal Cost and Marginal Damages how do you find the optimal level of output?
The optimal level of output is where marginal costs = marginal damages.
What are all Russias seas?
Clockwise, starting with the Caspian sea (which is really just a gigantic lake): Caspian, Black, Baltic, [Barents, Kara, Laptev, East Siberian, Chukchi]*, Bering, Sea of Okhotsk, Sea of Japan. *These are marginal seas of the Arctic ocean, so they're not really enclosed by anything.
Is Indian a sea?
The Indian is actually an Ocean. Some classify it as a sea since it is not as large as, for example, the Atlantic or Pacific Oceans. It is also commonly called a sea due to the multiple marginal seas that are on its barriers.
What war the 3 stages of production?
Three stages of production are increasing marginal returns, diminishing marginal returns, and negative marginal returns.
What is meant by marginal non marginal complete incomplete syndesmophytes?
In regards to marginal vs. non-marginal syndesmophytes. Marginal syndesmophytes (intervertebral bony bony bridges) are more commonly seen in ankylosing spondylitis. Where as non-marginal syndesmophytes are more commonly in reactive arthritis and DISH. Marginal syndesmophytes are delicate + symmetric; while non-marginal syndesmophytes are bulky + discontinuous.
What is the optimal level of pollution?
when marginal benefit is equal to marginal cost To be more specific: When the marginal damage cost of polluting is equal to the marginal abatement cost of polluting (or the marginal benefit of polluting, which is equivalent to the MAC)
If you have total cost and total benefit how do you get marginal cost and marginal benefit?
Marginal cost is total cost/quantity Marginal benefit is total benefit/quantity
