Answer:
The theory of marginal analysis states that whenever marginal benefit exceeds marginal cost, a manager should increase activity to reach the highest net benefit. ... Sunk costs, fixed costs, and average costs do not affect the marginal analysis. They are irrelevant to future
Explanation:
Y=KX
K=y/x
=-5/7
So the equation would be
Y=-5/7x
Answer:
Their economy relied heavily on foreign imports, which would cost more.
Explanation:
The economy of southern colonies relied heavily on foreign imports, which would cost more due to imposing of tariffs. These tariffs increases the cost of foreign imported goods which is not profitable for the people of these colonies so most leaders of southern colonies rejected the tariffs imposed by British empire in the pre-Civil War years.