Drag the tiles to the correct boxes to complete the pairs Match each phrase with the scenario that illustrates it.

Tiles
international competition
consumer sovereignty
wealth creation
property rights
profit motive
Pairs
The computer accessories that Javier is making and
selling are bringing in a substantial amount of money
for him. Inspired by this success, he decides to hire two
people and expand his business.

Susan uses her office building as collateral to access
credit and take out a loan from the bank. Because of
the loan, she can hire three people to help her manage
her business.

While nervous that foreign companies will put her
out of business, Alice realizes that she will have to
make better quality products.

Because people bought the new food item in the stores
that test-marketed it, the company began to sell it in
all of its stores.

Sam realized that his business was making him lots of
money. As a result, he decided to not only expand his
business but to start two others. With his large income,
he was able to donate a great deal to charity and to
help other people start their businesses.

i got 3,4 and 5 as an answer

marginal cost is a microeconomic measure that us to evaluate the extent to which the level of production of a good is sustainable in accounting, that is, to how many quantities the company plans to profit from the production of the good.

the concept of marginal cost is simple, it means the cost of producing one more item. for example, in the case of pies, the marginal cost is the cost of producing one more pie than those that have already been produced.

it is important to understand that productive activity influences marginal cost. the marginal cost of some goods can be very high, while others may be insignificant. for example, the marginal cost of producing an extra plane is very high. already the marginal cost of a water company to provide 1l more water is derisory.

in the case of pies, the cost involves the inputs, the labor and the fixed cost, which involves the fixed space of the bakery. the level of production initially has the marginal cost decreasing because there is space and manpower available. however, to produce more you have to hire more workers and buy more inputs. if physical space is limited, workers will conflict with places, inputs and their productivity will decrease, meaning there is an optimum point of production for each level of space and manpower. from this point on, the productivity of the workers will be getting smaller because of lack of space, so that the marginal cost of producing one more pie will be increasing. so, although you have not posted the chart, but if you have the answer, you can see that my explanation goes according to the marginal cost curve that will increase from the 4th pie, answer (c).

answer; people have no objective standard by which to judge themselves;