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How do your decisions result in the marginal benefits to society outweighing the marginal cost to society?
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Benefits of business to society?
They built universities and libraries
what role do entrepreneurs play in the economic decisions a society makes?
They organize resources to try to meet a society's wants and needs.
Benefits to society of business activity?
The society benefits from the business activities as people fulfill their needs and wants that are produced by the business organisations/factories and unemployed people find jobs.
What is the book called the Wealth of Nations about?
Mainly, the Wealth of Nations is about the benefits of a free market economy and how the government should leave economic decisions to individual households and firms without regulation or intervention because it is argued to be more productive and beneficial for society.
What person or organization will usually supply goods and services when it appears that the benefits to society outweigh the costs to society?
Goverment.
Why does Net benefits increase when marginal benefits exceed marginal cost?
When Marginal benefit (MB) exceed Marginal cost (MC). The society values the additional unit of product more than the cost of producing it. In this case, Net benefit will increase as long as firms produces more until the point where MB = MC. (Because every additional output will add more to MB than to MC, Net benefit will rise)
Which people are referred to as marginal groups?
Marginal groups are groups of people who are kept away from society. they are kept at borders and are not shown any kind of respect or concern
Benefits you get in the society?
Socialization is the main thing you can get from the society.
How did the mi'kmaq make decisions in there society?
the saqumaw
Who makes the important decisions in book's society the giver?
The group of elders make the important decisions
What are the benefits of club sport to the individual and to society?
The benefits of ClUb sport to the iNdividual and To society are that read the blocked letters. LOL
The benefits of being a throw away society outweigh the costs to society and the environment or not?
They dont becuase there are not as many benefits as there are costs
Who makes the important decisions in the givers's society?
the committee
How society benefits from entrepreneurship?
all society are beneficial especially the consumers.
What is the oldest purpose of the government?
The oldest purpose of government is to maintain order by protecting members of society from violence and criminal activity. A government's basis can be further described as, "The preeminent institution within society in which decisions are made that resolve conflicts and allocate benefits and privileges."
What are the benefits of peace?
There are many benefits such as your not hurting anyone or causing pain to society!
Who makes the decisions about how society should work?
The champions of war
