Obama is a good leader, because he is trying to bridge the gap between the rich and the poor. A wide gap between the rich and the poor is never good. We can look back into history to see this. For example, in the Tang Dynasty, the rich got out of their taxes, so the poor had to pay more, which widened the gap. The dynasty soon fell. While it may not be working completely yet, Obama is doing all he can to fix this problem.
Side note: This is a very democratic stance on American politics, however it is more of a democratic question, as Obama is a democrat.
A. Building a network of roads.
Answer:
Not only for his good decisions, but for his bad also. He is apart of China's most famous history, but the impact he made when he was alive was huge. The Qin dynasty did not rule ...
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
