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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<span>C.Americans proved they could fight England.</span>
Initially, McClellan was trusted a military leader. He was able to successful train and equip the US military against the Confederacy. His planning proved to be detailed however, his perfectionist qualities made him slow to move and often without the aggression needed to fight the Confederacy. His plan was, theoretically, a good one in which troops would move east and come at Virginia from the water. This attack was aimed right at Richmond and if successful would have ended the war.
Answer:
D. Sugar was difficult crop to grow in the Caribbean
After Julius Caesar's death, Mark Antony joined Cleopatra in a battle against: Octavian.
<h3>
Who was Octavian?</h3>
Octavian was a Roman Leader who battled against Mark and Cleopatra after Julius Caesar died.
The two people who came from Rome and Egypt respectively fought against Octavian and suffered a severe loss. The battle was known as the Battle of Actium.
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