What you give up for taking some action is called the . is falling when marginal cost is below it and rising when marginal cost is above it. a cost that does not depend on the quantity produced is a(n) . in the ice-cream industry in the short run, includes the cost of cream and sugar but not the cost of the factory. profits equal total revenue minus . the cost of producing an extra unit of output is the?

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.