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
<span>A World Health Organization report shows that junk food ads harm children’s health.</span>
Answer:
Explanation:
Cabinet officers are nominated by the President and confirmed by the U.S. Senate by a majority vote. Each official receives the title Secretary, except the Attorney General who leads the Department of Justice. Cabinet members serve at the pleasure of the President and may be dismissed at any time.
Initially, other rulers in Europe were somewhat pleased that the Bourbon monarchy in France was being reduced in power by the effort to make it a constitutional monarchy. But as the French Revolution proceeded, other ruling houses and nobles in Europe felt the threat that such revolutionary fervor could pose to their own positions, and were ready to fight to stamp out the Revolution. Revolutionary France went to war against those other nations, and when Napoleon took over power in France, he continued those wars and won conquests. Napoleon brought the Civil Code that contained some of the basic ideals of the Revolution to other territories that his empire controlled. Even after Napoleon was defeated, the ideas of liberalism that the French Revolution had unleashed remained as a powerful force, and the 19th century would see a recurring series of revolutionary movements across Europe.
