Answer:
$10.
Explanation:
The key word here is a "monopolist", or an individual/company that has complete control over a certain amount of market. Marginal revenue, as defined, is an increase in revenue that results from the sale of one additional unit of output.
This is important to note, in that <em>usually when a price is raised, as long as there is comparable quality with competitors who have lower prices, an increase of price will typically lower demand for the product(s) from that individual supplier. </em>However, in holding a monopoly, <em>no matter how much or little they change the prices, as the product is in demand, the market demand would not change as much assuming all things stay the same</em> (i.e., natural demand is still the same amount as before the price change).
So, for example, that there is a natural demand for computer chips. You as well as your company, is the only company that makes computer chips, or at least you make the majority of the computer chips (>90%). This typically means that, if no other company or government has the means to be able to achieve adequate production of computer chips, and as computer chips are important in everyday products and a part of human life now, then an increase of price by $10 is justifiable under the Nature of Demand. The marginal revenue then, would be $10 (the amount increased).
Learn more about revenue, here:
brainly.com/question/13873790
The answer would be: “Free African American(s) were allowed to enlist in the Union army and Navy.
If they wanted to fight against the confederacy and the slavery supporters then they were allowed to because the Emancipation Proclamation allowed them to join the Union army.
Hope this helps. :)
The answer is FDR'S New Deal
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After the stock market crash, the New Deal is what grew the economy and put everyone back to work.
Two main points of Clay's system were the protection of American manufacturers from foreign competition, compromising the congress into forcing internal trade and protection from imports. The second point was to reach a diversified economy, believing the U.S. should be both industrial and agricultural, creating the need to enforce programs with such intentions.
In the late 1820s tensions about the government interfering in the economy and development in such extent that South Carolina threatened to withdraw from the Union because of a tariff, birthing the Nullification Crisis. Eventually Clay's concept of taxes and internal improvements became standard policy in the late 1800s.
