Both are used during the process of synthesizing evidence.
Answer:
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The Declaration of Independence states “Governments are instituted among Men, deriving their just powers from the consent of the governed.” This was a revolutionary change from the system of the British monarchy, which was based on the divine right of kings. For which of the ideals of democracy does this quote provide a foundation?
→A. Popular Sovereignty Is the Correct Answer ←
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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
<span>Plymouth Plantation was the first permanent settlement in New England, but beyond that distinction, its place in American history is somewhat exaggerated. Before long, the Pilgrims were eclipsed by the far larger and more important immigration of Non‐Separatist Puritans, who started the Massachusetts Bay colony.</span>
