If you had come to America to practice your Quaker religious
beliefs, chances are you would have settled in Pennsylvania. The father of
William Penn was a Quaker and a charter was granted to William Penn by the
crown of England to name a colony after his father. Pennsylvania is now just 14
miles away in the south of Philadelphia. This is the main reason why it is
correct to feel that Pennsylvania is the place to practice Quaker religious beliefs
for any person.
The term of office for a representative is two years
The increase in the company's products in one unit will increase Marginal Revenue to increase by $100 and Marginal Cost to increase by $120.
<h2><u>Marginal Revenue and Marginal Cost</u></h2><h3>Marginal Revenue</h3>
It is referred to as the change in the revenue value due to the selling of an additional product. In the question given above, the revenue for producing 100 units is $10,000 ($100 x 100 units). So, when 1 additional unit is produced the extra revenue earned is $100 ($10,100 - $10,000). Therefore, the marginal revenue is $100.
<h3>Marginal Cost</h3>
It is referred to as the extra cost for producing an additional unit. In the given scenario, the cost for producing the 100 units is $8,000 (100 units x $80). When producing an additional unit the cost goes up to $8,120. Therefore, the marginal cost for producing an additional unit is $120 ($8,120 - $8,000).
<h3> The Bottom Line</h3>
Companies used the details on marginal revenue and marginal cost to:
- Determine Ideal production levels
- Calculate their profitability rate
- Prepare plans to remain competitive and profitable
Hence, the Marginal Revenue and Marginal Cost for one additional unit are $100 and $120 respectively.
Learn more on Marginal Revenue and Marginal Cost here: brainly.com/question/16615264
Based on the descriptions in the Bible, the correct matching of items would be:
- Miracle of intervention. - Jesus' walking on the water.
- Intuition and personal experience - personal evidences of God's existence.
- Hosea - prophesied regarding the Old Testament Sabbath.
- Purpose of Creation - pleasure, fellowship, and glory of God.
- Induction - exercises scholarship.
- Deduction - exercises faith.
- Bases for assurance of salvation - believing the promises of God and the witness of the Holy Spirit.
- Genuine miracles - performed by God, unique, and purposeful.
- Description of heaven - earth's atmosphere, realm of planets and stars, God's abode.
- Divine attributes of God - omnipotence and eternal existence.
<h3>What do we know about Christianity?</h3><h3 />
There were several miracles performed such as the miracle of intervention where Jesus walked on water to save his disciples. For miracles to be geniune, they have to be performed directly by God for a certain purpose.
Heaven is God's abode and it is said to be in the atmosphere as a realm of planets. God created humans to fellowship with him, and for his pleasure.
Find out more on Christian beliefs at brainly.com/question/12859283.
