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:
its made up of 8 states
Explanation:
Minnesota, Ohio, Michigan, Illinois, Indiana, Wisconsin, New York, and Pennsylvania all make up the great lakes region
<h3>What were the present-day effects of imperialism on Indochina?</h3>
In the 1850’s, French imperialism had spread into a South-east Asian region known as Indochina (the modern world knows this region as Vietnam, Laos and Cambodia). Since French colonialism speculation against the French had increased in Indochina, and many natives struggled for independence.
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Answer:
O Women entered the workforce in much larger numbers than they had in the past.
Explanation:
During the world war in 1940s, Large portion of women started to enter the workforce to replace the men who were drafted into the war. During this time They erased the initial perception that women couldn't do as good as a job as their men counterpart.
When the war ended, many of the companies still keep their female workers due to their productivity. The number of female workers keep increasing ever since that time.
During 1950s, number around 33% of workers in united states were Women. (Before the war it's only around 10%)
