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11y ago

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How did dred Scott influence the civil war?

It is likely that the Dred Scott decision had little direct effect on the Civil War. However, it is may be that the South felt more justified to pursue the war because of the decision.


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a monority decision is when, for example president bob wins by less then 50% of the votes. compared to a majorty where the winner gets 50% or more of the votes.


Why people will do less of an activity when the marginal costs are greater than the marginal benefits?

People will do less of an activity when the marginal costs exceed the marginal benefits because it indicates that the additional costs of engaging in that activity outweigh the additional satisfaction or value gained from it. This imbalance leads individuals to seek more efficient alternatives or to allocate their resources—time, money, effort—toward activities that provide greater overall benefits. Essentially, rational decision-making drives them to minimize losses and maximize gains.


Is a higher opportunity cost better in decision-making?

No, a higher opportunity cost is not better in decision-making. It means that the value of the next best alternative is greater, which can make the decision more costly or less beneficial.


What are the opportunity cost questions to consider before making a decision?

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What's an opportunity cost and how does it impact decision-making"?

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