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.
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Answer:
slow economic growth and relatively high unemployment
Explanation:
Answer:
Roosevelt made the case for what he called "the New Nationalism" in a speech in Osawatomie, Kansas, on September 1, 1910. The central issue he argued was government protection of human welfare and property rights, but he also argued that human welfare was more important than property rights.
Explanation:
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Based on the passage context, Plumer's concern about a tie in the Electoral College is that <u>"</u><u>the decision to elect President would rest only on the House of Representatives.</u><u>"</u>
Also, Plumer thinks this would be a bad outcome because each state would have one vote for the President; the states with a higher population of voters would be at a disadvantage in expressing their support for who they wanted to vote for.
Hence, in this case, it is concluded that Plumer believes the subsequent actions after the Electoral College tie would mostly not favor the States with a higher population of voters.
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Answer:
A. Some communities have become less religious, while others have taken religion to extremes.
Explanation:
- Dramatic social changes at the end of 20th Century have called into question the recently unquestioned secularization diagnosis of religiosity in contemporary societies.
- In contrast to the projected recession, religiosity, in the late 1980s and early 1990s, permeated and permeated almost all segments of previously alleged atheist societies.
- The search for an explanation of recent religious changes in transition societies raises many questions about the relationship between socialism and modernity.
