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:
b. Germany was able to fight a two-front war in Western and Eastern Europe.
Explanation:
Schema.
Answer:
Which religious group wanted to purify the Church of England?
Puritans tried to purify the established Church of England
The English Reformation took shape in 1529 after the pope refused King Henry VIII's request for a divorce. The king's anger at the pope led him to split with the Roman Catholic Church and establish the Church of England, or the Anglican Church.
Explanation:
Answer:
These findings support the importance of <u>a unanimous group</u> in creating conformity
Explanation:
<u>In this experiment, Asch could explain how a group is conducted by the major opinion, and how a simple change from the point of view can create controversy and dissolve the group.</u> More than just human behavior is a psychological condition to follow the crowd, to not be different. <u>It's a way to safeguard itself.</u>
