Answer:
$10.
Explanation:
The key word here is a "monopolist", or an individual/company that has complete control over a certain amount of market. Marginal revenue, as defined, is an increase in revenue that results from the sale of one additional unit of output.
This is important to note, in that <em>usually when a price is raised, as long as there is comparable quality with competitors who have lower prices, an increase of price will typically lower demand for the product(s) from that individual supplier. </em>However, in holding a monopoly, <em>no matter how much or little they change the prices, as the product is in demand, the market demand would not change as much assuming all things stay the same</em> (i.e., natural demand is still the same amount as before the price change).
So, for example, that there is a natural demand for computer chips. You as well as your company, is the only company that makes computer chips, or at least you make the majority of the computer chips (>90%). This typically means that, if no other company or government has the means to be able to achieve adequate production of computer chips, and as computer chips are important in everyday products and a part of human life now, then an increase of price by $10 is justifiable under the Nature of Demand. The marginal revenue then, would be $10 (the amount increased).
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Answer:
<u><em>Two main reasons for European exploration are faster routes to Asia— the source of spices and luxury goods. Another reason for exploration was spreading Christianity to new lands.</em></u>
Explanation:
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Maybe the most understood and enduring bit of Constantine's political portfolio is the 325 Chamber of Nicaea, a social occasion of around 300 clerics issuing an official articulation confirming Jesus Christ as totally celestial. This announcement of confidence is known as the forerunner to today's still popular Nicene Statement of faith. Indeed, Constantine put his political weight behind this belief, and the world still feels his impact. For example, I live in a somewhat residential community, yet I wouldn't need to go extremely far on a Sunday morning before I'd keep running into a Christian church showing the Nicene Statement of faith or citing it as an assemblage.
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<span>a) She restored her nation’s ties to the Catholic Church
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After her brother died and Mary I came into power, she restored the Catholic Church in England. First, England was Protestant, when her brother ruled, but then she restored the Catholic Church when she was Queen of England.
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Answer:
Reconstruction, in U.S. history, the period (1865–77) that followed the American Civil War and during which attempts were made to redress the inequities of slavery and its political, social, and economic legacy.
Explanation:
