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The main similarities between the Chavin people and the Incas are in the religion, polytheistic with resemblance of gods and rituals. In addition, economic models resemble each other, such as the use of maize as an important "exchange currency". The structure of government is also the same, since they both operated in a theocracy. They occupied the same geographical area too.
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Answer:
It increased national unity by reducing sectional differences. It boosted the speed of cross-country mail delivery.
Explanation:
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<h3>The Declaration of Constitutional Principles was a document written in February and March 1956, in the United States Congress, in opposition to racial integration of public places. ... All of the signatories were Southern Democrats except two Virginia ... Their opposition earned them the enmity of their colleagues for a time..</h3>
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
