For the answer to the question above.
The best answer I can give is letter B.
During the civil war, there was also a competition in the global market on the supply of cotton so Europe sought other suppliers from India and Egypt and this is why the price is down after 1865
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
The extent that Lucille can be regarded as a rebel woman is from the fact that she rose above stereotypes to great positions as a woman.
<h3>Who was lucille Mathurin Mair?</h3>
This was a Jamaican woman that was a gender specialist, author and diplomat.
Lucille was an advisor on women affairs and she lend her voice to a lot of issues that concerned women during her time as a public servant.
Read more on Lucille Mathurin here:brainly.com/question/9610610
During this time Kennedy first resolution was to get out of the war and fix the government as a whole. He also wanted to get the government out of debt.
Pacal the Great changed the rules of succession in the Mayan civilization by setting the precedent for rule to be passed down through a male relation.
