The marginal cost of producing the 100th unit of output is $200.
<h3>What is
marginal cost ?</h3>
A firm has a fixed cost of $700 in its first year of operation. When the firm produces 99 units of output, its total costs are $4,000.
The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how volume produced affects cost and eventually profits by calculating the marginal cost.
Marginal cost = (Change in cost) / (Change in quantity)
The volume of output either increases or decreases, which affects quantity. With an increase or decrease in production, there will be a variation in cost. The page on the marginal cost formula, which is significant in production, is now complete.
The marginal cost of producing the 100th unit of output is $200.
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The business cycle is the fluctuation in economic activity that an economy experiences over a period of time. A business cycle<span> is basically defined in terms of periods of expansion or recession.
</span>From a conceptual perspective, the business cycle<span> is the upward and downward movements of levels of GDP (gross domestic product) and refers to the period of expansions and contractions in the level of economic activities (</span>business<span> fluctuations) around a long-term growth trend .</span>
Answer:
the action or a process of keeping financial accounting
Answer:
False.
Explanation:
China became a member of the World Trade Organization (WTO) in December 11, 2001.
Answer:
The contribution margin per unit is 0.98$
Explanation:
<em>4.25 revenue</em>
1.75 copo paper
1.18 shipping cost
.34 sales commision
<em>3.27 total variable cost</em>
Contribution 4.25 - 3.27 = 0.98
The contribution margin per unit is 0.98$ This is what is left after paying the variable cost.
