The marginal cost is how much it costs to produce one item more. It cost 0$ to produce 0 bikes but if you make one, then it costs 80$. Hence the marginal cost for the first bike is 80$. For the fourth bike, we have that the 3 bikes cost 110$ and the 4 bikes cost 130$. Hence it costs 20$ dollars to produce one more bike (from 3rd to 4th) and hence the marginal cost is 20$. Similarly for the 6th bike, we compare the cost of producing 5 bikes to the cost of producing 6 bikes and we get that the marginal cost is 50$. Applying the same methodology, the marginal cost for the 7th bike is 60$.
Answer:
nature
Explanation:
Thomas Hobbes was an English philosopher born on April 5, 1588, considered to be one of the founders of modern political philosophy. According to my research on studies conducted by Hobbes, I can say that based on the information provided within the question this concept is known as living in the state of nature. According to Hobbes this is what would exist if there were no government, no civilization, no laws, and no common power to restrain human nature.
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Explanation:
Plato founded the Academy in Athens, the first institution of higher learning in Europe. The city of Alexandria in Egypt, established in 330 BCE, became the successor to Athens as the intellectual cradle of Ancient Greece. There, the great Library of Alexandria was built in the 3rd century BCE
Answer:
okay give me your socials
Explanation:
thank you
For me
The more we review/study about a subject the higher the value of our advancement/advantage/grade..
