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).
Learn more about revenue, here:
brainly.com/question/13873790
<span>Hydraulic mining, or hydraulicking, is a form of mining that uses high-pressure jets of water to dislodge rock material or move sediment. In the placer mining of gold or tin, the resulting water-sediment slurry is directed through sluice boxes to remove the gold. It is also used in mining kaolin and coal.</span>
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Answer:
War should have rules and regulations to follow because if not the soldiers might not focus on their task.
Explanation:
Answer:
the german exspansion was because the german people where angry at the treaty of versilles and the apeasment made Hitler think that no one would say no
explanation:
