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 primary charge against Johnson was that he had violated the Tenure of Office Act, passed by Congress in March 1867, over his veto. ... The impeachment and trial of Andrew Johnson had important political implications for the balance of federal legislative-executive power.
Explanation:
Cause: Violating the Tenure of Office Act
Outcome: Acquitted by the U.S. Senate,
The bloodiest battle of the war (Gettysburg) and the bloodiest single day of the war (Antietam) were both fought in this theater. The capitals of Washington, D.C., andRichmond<span> were both attacked or besieged.</span>
Answer:
they raised goats and sheep because they could climb the mountains. they Also planted crops and took over other lands so they could develop the land
