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
Did you not once love Caesar? What has made ... to hear the will. Antony tells the citizens all of the things that Caesar has left to the people of Rome.
Answer:
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Explanation:
Answer:
Andrew Jackson, generally in favor of states' rights, saw nullification as a threat to the Union. In his view, the federal government derived its power from the people, not from the states, and the federal laws had greater authority than those of the individual states.
Explanation:
I hope it helps
Answer:
In my opinion Columbus did discover the west indies because the definition it states "Discover means to find (something or someone) unexpectedly or in the course of a search." never in the definition does it mention in order to "discover" something you have to be the first one to find it or be the first one to come across such and such. I see why some people might disagree but if it were in terms of if Columbus founded the west indies I would have a completely different opinion because there were people their before he was "there were already people living there. The Taino and Carib were the largest groups in the region when Columbus arrived in 1493. ..." The definition of founded is "establish or originate (an institution or organization), especially by providing an endowment." which would confirm he ONLY discovered and didn't found the west indies when both definitions are juxtaposed this is made clear.
Explanation:
