Answer:
Products would often be more expensive in the colonies due to lack of competition
And
It encouraged smuggling and the breaking of other restrictive laws
Explanation:
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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
The answer is Oregon. This is solidified through the treaty called the Treaty of Oregon. In this treaty, the US and the British government had created a boundary to stop states to fight over their territories. The treaty had stated that Oregon county is a joint territory between the US and the British government.
The supply of coal was crucial to the industrial revolution because coal was cheap and affordable and also it was an excellent source of energy. Coal was the best energy source at the time of the industrial revolution and would allow for machines to be coal powered.
Answer:
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Explanation:
The American Revolution was mainly caused due to the United State's opposition to British attempts to gain greater control over the colonies and to make them repay Britain for its defence of them during the French and Indian War (1754–1763). Britain tried to gain more power and control by imposing many unpopular laws and taxes, including the Sugar Act (1764), the Stamp Act (1765), and the so-called Intolerable Acts (1774). The United states also had a large lack of Parliament representation, which caused them to have even less power and control then they had already. Overall, the two main reasons were that the USA did not have enough power, and that the British forced American citizens to pay higher taxes and follow more laws as a way of paying the British back for helping America in the French-Indian war.
