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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Justinian and Theodora's reign over the Byzantine Empire is marked by all of the following EXCEPT: <span>Commissioned the creation of many sets of laws called Justinian's Rules that no one in the future would us a model
The Justinian Code was a set of laws created by Byzantine Emperor Justinian I. These codes though created during AD 527 to 565, Justinian rule, greatly influence our modern laws. Its creation and content affected how numerous nation created their constitution, made and pass laws, as well as implement these laws across their territories.</span>
Answer:
Democrats
Explanation:
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Harriet Tubman gotten away from subjection in the South to end up plainly a main abolitionist before the American Civil War. She was naturally introduced to subjugation in Maryland in 1820, and effectively gotten away in 1849.