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Novay_Z [31]
3 years ago
14

To figure out price and quantity in a monopoly, a business finds the point at which marginal cost equals _____. a) Profits b) Ma

rginal revenue c) Market share
History
2 answers:
tatiyna3 years ago
5 0
Generally speaking, to figure out price and quantity in a monopoly, a business finds the point at which marginal cost equals "b) Marginal revenue," since this is the point at which the product can be sold. 
aalyn [17]3 years ago
5 0

ANSWER: b) Marginal revenue

EXPLANATION: Marginal Revenue is the revenue gained by producing one additional unit of a product or service. It is also said as the revenue generated by the last unit of product or service that the firm has sold. Whereas Marginal Cost is the cost of producing one additional unit of product or service by the firm. So, to figure out price and quantity it needs to match both the Marginal Cost and Marginal Revenue.

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American leaders liked the ideas of John Locke?
Vedmedyk [2.9K]

Answer:

We can say they liked his ideas, as Thomas Jefferson included some of them in the Declaration of Independence. His ideas influenced the ideas of Enlightenment, but also the ideas of Founding Fathers.

Explanation:

When Thomas Jefferson wrote the Declaration of Independence he used the ideas of John Locke. The idea of life and liberty were among those ideas that Jefferson included in the final text. That is one of the main reasons why we can say that John Locke's ideas were definitely liked by American leaders.

7 0
2 years ago
What was one problem of the Continental Congress?
Dominik [7]
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How was China affected by the unequal treaties of the 1850s and 1860s
Strike441 [17]

china fell under the complete control of foreign countries



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What made the british authorities wary of declaring war against the french in north america in 1754?
svlad2 [7]

Answer:

A) They believed the American colonists were incapable of cooperating in their own defense.

Explanation:

Options:

A. They believed the American colonists were incapable of cooperating in their own defense.

B. Native American tribes were sure to side with the French over the British.

C. The colonists protested against the deployment of British troops in North America.

D. The king insisted that the colonies were not generating enough income to support a war.

As a result of Britain's humiliation, the potential for French intervention and a European war became more and more likely. North's administration, concerned about a war with France, wanted to mend relations with the American colonies and was willing to allow them some autonomy to that end in 1775. However, by 1778, the autonomy granted to the colonies had become insufficient.

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