show with example that if the marginal product is always decreasing the average product is always above the marginal product?
The cognitive hierarchy is important in understanding how humans make decisions because it helps us see how different levels of thinking, such as instinctual reactions, logical reasoning, and emotional responses, all play a role in the decision-making process. By recognizing these different levels, we can better understand why people make the choices they do and how to influence those choices.
different people make different economic decisions
yes some international trade theories work very well than other for different industries
It is good for the entire state that different kinds of industries were growing. This kind of diversification makes the state economy stronger. With many industries and many different products, the state can still prosper, even if there is a drop in the demand for one product.
Major industries in New York include information technology, stock trading and other finance related industries, and health care. There are also different types of manufacturing in New York, such as clothes.
The different timeline theory suggests that there are multiple timelines or parallel universes where different events occur. This theory impacts our understanding of historical events by proposing that there could be alternate versions of history where different decisions were made or outcomes occurred. It challenges the idea of a single, linear timeline and opens up the possibility of exploring different perspectives and possibilities in understanding the past.
Understanding the properties of rocks helps in identifying them, determining their use in various applications like construction or jewelry-making, and understanding their formation processes and geological history. This knowledge is crucial for industries, geologists, and researchers to make informed decisions about rock-related activities and studies.
Perspective refers to a particular way of viewing or understanding a situation or issue. It involves considering different viewpoints, experiences, and circumstances to gain a more comprehensive understanding of a topic. Perspective can influence how we interpret information and make decisions.
Industries are divided into two broad categories. (i) primary industries. (ii) secondary industries.
Understanding of heat is crucial in various industries to solve problems. For example, in the automotive industry, heat is used to improve engine efficiency and reduce emissions. In the food industry, heat is used for cooking and preserving food. In the aerospace industry, heat is managed to prevent overheating of components. These are just a few examples of how heat is utilized to solve problems in different industries.
the conditions that decisions are made
Diverse industries are ones that are very different to each other.
An understanding of development is crucial to policy formulation because it helps policymakers identify the needs, challenges, and priorities of different groups in society. By understanding how development affects different aspects of society, policymakers can design more effective and targeted policies to address inequalities, promote sustainable growth, and improve overall well-being. Additionally, an understanding of development enables policymakers to anticipate potential impacts of policies on different groups and make informed decisions to ensure positive outcomes.
the different kinds of industries are primary, secondary and tertiary
Looking at situations from another perspective can provide valuable insights and understanding. It helps broaden our understanding, challenge assumptions, and develop empathy towards others. By considering different viewpoints, we can make more informed decisions and build stronger relationships.
many different things
The different timelines theory suggests that there are multiple possible outcomes or paths that events in history could have taken. This theory impacts our understanding of history by highlighting the idea that history is not predetermined and that small changes or decisions could have led to significantly different outcomes. It encourages us to consider the complexity and uncertainty of historical events and the role of individual choices in shaping the course of history.