In China, the Xia dynasty was followed by the Shang dynasty. The correct option among all the options given in the question is the last or the fourth option. The shang dynasty ruled during the second millennium BC in the Yellow River valley. The Shang dynasty was followed by the Zhou dynasty.Book of Documents is a Chinese classic that contains several important information's about the Shang dynasty. The type of government that was prevalent during the ruling of Shang dynasty was Monarchy. The people of the Shang dynasty followed the Chinese Folk religion.
Answer: Originally, the whole point of the war was to preserve the Union. However, the Emancipation Proclamation made the war about the abolishment of slavery.
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
<span>Erie Canal (from Lake Erie) is <span>a canal connecting America to the
western territories which was built
from 1817 to 1825 under the
supervision of DeWitt Clinton often called as “Clinton’s folly”. Some of its
effects to the United States are the following: </span></span>
<span><span>·
</span>It decreases importing and exporting products in
which it could ship millions of goods annually.</span>
<span><span>·
</span>It had connected the United States’ great lake <span>the Atlantic
Ocean.</span></span>
<span><span>·
</span>It made new York City as the busiest port overnight.
</span>
<span><span>·
</span>At its popular time, 50,000 people (or more) depended
on the canal for their livelihood making boat houses for transactions.</span>
<span><span>·
</span><span>It was the first public infrastructure to extend
help to hospitals and institutions.</span></span>
