Why would we ever need to know the marginal net benefit of a unit of water?

Expert Solution

Rahul Sunny answered 2 years ago

Reflect on the concepts and differences between benefit, marginal benefit, cost, and marginal cost. We have...

Reflect on the concepts and differences between benefit, marginal benefit, cost, and marginal cost. We have applied these ideas to several scenarios: tax rates, how many employees should a firm hire, and how many years of education should an individual pursuit. Outside of the examples we have discussed, describe an application of the ideas of marginal benefit/cost to a situation in your personal or professional life. Clearly explain the difference between total benefit and marginal benefit and total cost and...

Why do we call water the universal solvent? All life, as we know it, needs water....

Why do we call water the universal solvent? All life, as we know it, needs water. What is the importance, relative to water being a universal solvent, to living systems?

Explain the following concepts (draw a graph if need) 1) Marginal benefit equal marginal cost in...

Explain the following concepts (draw a graph if need) 1) Marginal benefit equal marginal cost in competitive equilibrium. 2) Deadweight Loss, Economic surplus and economic efficiency 3) Government Intervention by way of a price floor and a price ceiling.

A. Explain the net present value and return on investment for a cost–benefit analysis. Why would...

A. Explain the net present value and return on investment for a cost–benefit analysis. Why would these calculations be used? B. What is an evolutionary WBS? How does it address the problems associated with a conventional WBS?

why do we not need to determine the exact volume of water needed to make the...

why do we not need to determine the exact volume of water needed to make the solution with the KHP in the standardization titration?

Question 7 Incomes increase. What else would we need to know before we could determine the...

Question 7 Incomes increase. What else would we need to know before we could determine the impact this change would have on the demand curve for soy milk? Group of answer choices a. Whether soy milk is a normal good or an inferior good b. Whether soy milk is a substitute in consumption or a complement in consumption c. Whether soy milk is supplied or demanded d. We already have enough information to determine the impact on the demand curve...

Please write essay about why we need to understand or know the sustainable development?

We know why a charged rod can deflect water droplets which is because of the positive...

We know why a charged rod can deflect water droplets which is because of the positive side of water molecule attracting to the negative side of the rod and vice versa. While explanation is true to some extent, it is not entirely. The question is : Can you figure out what is missing (what is another reason for its deflection besides the water molecule and rod's charges? Hint we have is: Water in the pipe is not only h20

Suppose we have a competitive labor market. What is the marginal benefit to the firm...

Suppose we have a competitive labor market. What is the marginal benefit to the firm of hiring another worker? Explain why. What is the marginal cost to the firm of hiring another worker? How does the firm decide how many workers to hire in the short run? In the long run, capital is no longer fixed Explain how this changes the labor decision for the firm. What is the main difference between labor demand in the short run and...

As we know,if the NPV is positive ,we need to take on this investment opportunity.now we...

As we know,if the NPV is positive ,we need to take on this investment opportunity.now we expect the return on equity will increase by 5% in next five years.what would be an appropriate financial strategy for the distribution of company’s earning?assume that today is 2016 June 13, the stock price is 38.3,the net income is 230.8,cash flow is -22,DPS is 1.39,DPR is 60.8399,dividend yield 3.577,dividend paid-138.3.

Question