They wanted high factory wages. So the answer is A
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
A bill of rights is there to establish certain unalienable rights towards the people that cannot be ignored. to make sure they aren't it limits a governments power to make sure they cant be.
The correct answer is C) It created a centralized banking system for our nation.
The Federal Reserve Act created a centralized banking system for our nation.
The US Congress passed the Federal Reserve Act of 1913 to create the central bank of the United States with the establishment of the Federal Reserve System. This legislation aimed to maintain the monetary and economic stability of the country. President Woodrow Wilson signed the law and authorizing 12 Federal Reserved banks to print money, always maintaining inflation rates low and generating jobs for the American people.
