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:
It is a concurrent power, both state and federal gov can do it
Explanation:
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There were two different approaches to Reconstruction. Presidential Reconstruction was the approach that promoted more leniency towards the South regarding plans for readmission to the Union. Congressional Reconstruction blamed the South and wanted retribution for causing the Civil War.
ealizes rycerskość (Code of Chivalry - bohaterowie-rycerze przestrzegający tego kodu) Idealizuje szlachetnego rycerza-bohatera i jego śmiałe uczynki. Kobiety są wyidealizowane i cenione przez rycerza-bohatera.
In 1881 he invented one of his most important discoveries.
It was for the production of a carbon filament, or thin strand, for electric light bulbs.
