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You and your friend are debating the greatness of the human mind. She claims that relying on schemas and automatic processes is ultimately detrimental, but you contend that such processes have their benefits. List and explain three benefits to relying on schemas and automatic processes, as well as three drawbacks to using these processes.
Marginal Cost
The additional cost incurred by producing one more unit of a product or service.
Dispose of Cars
The process of disposing or getting rid of cars that are no longer wanted, which can include selling, recycling, or scrapping them.
Average Variable Costs
The total variable costs (costs that change with production volume) divided by the total output.
Repairs
The process of fixing or restoring something that is broken or damaged to bring it back to a good condition.
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