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:
True!!
Explanation:
The next morning, October 28, Khrushchev issued a public statement that Soviet missiles would be dismantled and removed from Cuba. The crisis was over but the naval quarantine continued until the Soviets agreed to remove their IL–28 bombers from Cuba and, on November 20, 1962, the United States ended its quarantine.
Answer:
The correct answer is: The federal government sent the troops to restore peace and to break the impasses.
Explanation:
The Labor movement in the U.S. was founded to protect the interests and rights of workers. Its main goal was to prevent child labor, provide health benefits, and help to injured or retired workers. During these strikes, the federal government sided with businessmen and factory owners instead of supporting unions and strikers. The strikes took place at West Virginia.
When the strikes began, the government sent militias and federal troops to put down the strikes, so the union collapsed after two months.
Crowds had waited for hours to greet them at the Gare d'Austerlitz, and French nurses gave them lunch on arrival
