1. Explain what values and beliefs that help form the economic and political ideas of a person or party are? Explain how they might be shaped and how it impacts you.

In general, we can affirm that values focused on freedom and social well-being are what help to form the economic and political ideas of a person or party. However, freedom and social well-being are relative concepts that can be different between each individual. Many people associate these concepts with them and their peers and, therefore, seek to support parties that encourage these values in a more segregated and individualized way. Other people, however, have these values in a more humanistic way and seek to associate themselves with parties that share this type of thinking.

In this case, we can say that the values defended by political parties can shape people's thinking about a country's economy and politics. The problem with this, is that depending on the party, this mold can be harmful and harm people like me, who are part of social minorities, or even harm people who defend another type of thinking.

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; /// decreasing responsiveness to a stimulus to which one is repeatedly exposed;