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What Are Some of the Negative Impacts of the Diffusion

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What are some of the negative impacts of the diffusion of popular customs?


Definitions:

Marginal Product

An increase in output resulting from the use of one more unit of a particular input, holding all other inputs constant.

Opportunity Costs

The price paid when one skips the second-best option available in making a choice.

Economic Costs

The total costs of undertaking an economic activity, including both explicit costs and opportunity costs.

3-D Printers

Devices that create three-dimensional objects by layering material according to digital models, used in various industries for prototyping, manufacturing, and hobbyist projects.

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