Answer:
Buying on margin helped bring about the Great Depression because it helped to cause Black Tuesday when the stock market crashed. ... They could not repay their loans because the stock prices had not risen. When they could not repay their loans, they went broke. Because so many people could not repay loans, banks failed.
Explanation:
Answer:
In the southern colonies, children generally began their education at home. Because the distances between farms and plantations made community schools impossible, plantation owners often hired tutors to teach boys math, classical languages, science, geography, history, etiquette, and plantation management.
Explanation:
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 Kyoto Protocol to the United Nations Framework Convention on Climate Change is an additional protocol adopted on 11 December 1997 to form the United Nations Framework Convention on Climate Change (UNFCCC) of climate protection. The agreement, which entered into force on 16 February 2005, establishes for the first time legally binding targets for the emission of greenhouse gases in industrialized countries, which are the main cause of global warming. By early December 2011, 191 states and the European Union had signed and ratified the Kyoto Protocol. The US rejected the ratification of the protocol in 2001, and Canada announced its withdrawal from the agreement on December 13.
