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almond37 [142]
3 years ago
12

Which of these was not a position held by Thomas Jefferson?

History
1 answer:
Elan Coil [88]3 years ago
4 0

Answer:

Thomas Jefferson was not Speaker of the House.

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7. If a monopolist increases the selling price of a good from $20 to $30, then what is the marginal revenue?
ANEK [815]

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

8 0
1 year ago
Read 2 more answers
As the Civil War drew to a conclusion, the chief concern of Republicans in Congress was that
MissTica
The correct answer for the question that is being presented above is this one: "B. the economy would have a difficult time adjusting because of the loss of slave labor on Southern plantations." As the Civil War drew to a conclusion, the chief concern of Republicans in Congress was that the economy would have a difficult time adjusting because of the loss of slave labor on Southern plantations

8 0
3 years ago
What is one way that City landscape changed in the beginning of the twentieth century
Karolina [17]
Due to the Industrial Revolution, the once lush and bountiful grasslands and forests were replaced by urban areas (cities).
3 0
3 years ago
The goals of the Coronado expedition included finding the Seven Cities of Cíbola and __________.
yanalaym [24]

Answer:

The correct answer is C. The goals of the Coronado expedition included finding the Seven Cities of Cíbola and claiming all the lands north of Mexico for Spain.

Explanation:

Francisco Vasquez de Coronado was a Spanish explorer, best known for the discovery of the southwestern United States.

Coronado arrived in New Spain in 1535 and four years later he became governor of the province of Nueva Galicia (which consisted of the Mexican states of Aguascalientes, Jalisco and Zacatecas). There he heard the stories of the Spanish explorer Cabeza de Vaca about the seven golden cities of Cibola, believed to be a rich Native American settlement northeast of the province. Coronado decided to conduct an expedition over land, to explore and add the area to Spain.

During the trip, the Grand Canyon, the Rio Grande and the southern Rocky Mountains were discovered. The expedition was a flop because no gold was found. Their discovery was a serious setback after the murderous long journey, the danger of the Indians and the food shortage. They had hoped for a lot but this did not live up to their expectations in any way.

4 0
3 years ago
In which way did military and economic problems Interact in the decline of the Byzantine empire
weeeeeb [17]
Military and economic problems have always been strongly intertwined and this wasn't any different in the times of the Byzantine Empire where vast expanses of land had to be readily monitored and guarded. This was obviously a severe financial undertaking which had to be funded. Dee to lack of money with time, the borders weren't as defended as they were in the past
7 0
3 years ago
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