All of the aforementioned were designed to help the Allied powers during World War II. Even though the US wanted to stay "neutral" when World War II broke out, they did want to benefit by maintaining economic relationships with these countries.
The Lend-Lease Act is a perfect example. This allowed the US government to lend weapons and other materials to nations like France, Great Britain, and China during World War II. If the goods weapons/materials were destroyed, it was on the country using them to replace it.
The Cash and Carry policy was another example of the US government helping the Allied powers. This policy stated that countries may buy materials from the US, as long as they pay in cash and provide transportation for the materials at their own risk.
Both of these show that even though the US was not technically in the war yet, they heavily favored the Allied powers.
Answer:
<em>Oliver Hazard Perry
</em>
Explanation:
The Battle of Lake Erie was a pivotal naval engagement between British and American forces. The United States sent Oliver Hazard Perry to command the American forces on Lake Erie. Which he then led the force to victory.
<h3>Hope this helps! </h3>
The answer is A<span>pparent magnitude.</span>
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
