Answer:
Total revenue is the total amount of income that a firm obtains from selling goods or services. Average revenue is the average amount of income that a firm obtains for each unit of product , and marginal revenue is the extra amount of revenue that the firm obtains from the sale of one additional unit of product.
These three types of revenues have several relationships, for example, if total revenue increases more than total quantity, it means that marginal revenue is high. Another relationship is between marginal revenue and average revenue: when average revenue decreases, marginal revenue increases and viceversa.
Could be an unsecured loan or a corporate bond
Turn the decimal in to a fraction then ding the common denominator and add don't forget to simplify
<span>If the local area is able to supply the extra needed parking then the price they can charge will increase for the night the game is taking place as the demand has increased and the supply can be expected to fill up regardless of the increase in price.</span>
Answer:
E. increase by $5,000.
Explanation:
For computing the operating income, first, we have to compute the incremental revenue and then deduct the incremental cost, so that the operating income could find out
The incremental revenue would be
= Number of pounds sold × (Selling price per pound - Split-off sale price per pound)
= 5,000 pounds × ($25 - $20)
= 5,000 pounds × $5
= $25,000
And, the additional cost for processed further is $20,000
Now put these price to the above formula
So, the operating income would equal to
= $25,000 - $20,000
= $5,000 increase
