The war broke out between the two
If you think of European empire prior to the 19th century, where did they extend their control over other lands? It was mostly in the Western hemisphere. France and Spain and others had large colonial territories in the Americas. During the years following the French Revolution in Europe (which happened at the end of the 18th century), Napoleon came to power and the Napoleonic wars were fought across Europe. The focus of Napoleon's attention was on Europe, not on colonies across the ocean. So, for instance, he sold off the Louisiana Purchase to the United States. Elsewhere across the Americas, native populations took advantage of the changes in Europe to rebel against colonial governments. Napoleon had taken control over Spain and other parts of Europe as well as France, and a wave of independence movements broke out in colonial territories in Central America and South America.
When Europe resumed efforts to extend its control over other parts of the world, later in the 19th century (and into the early 20th century), they shifted their focus to Africa and Asia. There was a race for controlling territories across all of Africa and especially in southeast Asia. In Africa, only Ethiopia and Liberia managed to maintain their independence from European control when that wave of imperialist action took place.
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The increase in the company's products in one unit will increase Marginal Revenue to increase by $100 and Marginal Cost to increase by $120.
<h2><u>Marginal Revenue and Marginal Cost</u></h2><h3>Marginal Revenue</h3>
It is referred to as the change in the revenue value due to the selling of an additional product. In the question given above, the revenue for producing 100 units is $10,000 ($100 x 100 units). So, when 1 additional unit is produced the extra revenue earned is $100 ($10,100 - $10,000). Therefore, the marginal revenue is $100.
<h3>Marginal Cost</h3>
It is referred to as the extra cost for producing an additional unit. In the given scenario, the cost for producing the 100 units is $8,000 (100 units x $80). When producing an additional unit the cost goes up to $8,120. Therefore, the marginal cost for producing an additional unit is $120 ($8,120 - $8,000).
<h3> The Bottom Line</h3>
Companies used the details on marginal revenue and marginal cost to:
- Determine Ideal production levels
- Calculate their profitability rate
- Prepare plans to remain competitive and profitable
Hence, the Marginal Revenue and Marginal Cost for one additional unit are $100 and $120 respectively.
Learn more on Marginal Revenue and Marginal Cost here: brainly.com/question/16615264
Answer:
The Articles of Confederation was basically just the constitution of the Confederation.
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