1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vladimir79 [104]
4 years ago
10

If a perfectly competitive firm has total revenue that is equal to $400 when it produces one hundred units, and if its total rev

enue rises to $404 when it produces one hundred and one units, the marginal revenue of the one hundred and first unit is: $404. $0.25. $4. $1.
Business
2 answers:
LUCKY_DIMON [66]4 years ago
5 0

Answer:

$4

Explanation:

Perfectly competitive firms are characterised by:

1) Free entry and exit of buyers and sellers.

2) Large number of buyers and sellers.

3) Existence of identical product.

4) Informations are readily available to the customers.

Marginal revenue(MR) refers to a change in revenue as a result of an additional change in output.

At 100 units output, MR=$400

At 101 units output, MR=$404

Change in MR=$404-$400

=$4

Change in output=101 units-100units

=1 unit

Marginal revenue(MR)= change in revenue/Change in output

Marginal revenue (MR)=$4/1 Unit

MR= $4

tresset_1 [31]4 years ago
3 0

Answer: $4

Explanation:

GIVEN the following ;

Production of 100 units = Total revenue of $400

Production of 101 units = Total revenue of $404

Marginal revenue of 101st unit =?

By definition, The Marginal revenue could explained as the extra income received through the sale of more unit of a product. These extra or additional income received is the price paid for the one extra unit purchased.

Relating the explanation to the question above :

Additional income due to one additional unit of good produced:

100 to 101 = $400 to $404

Therefore,

Marginal revenue = $404 - $400

Marginal revenue = $4

You might be interested in
When a marketing researcher is interested in making comparisons between two groups of respondents to determine whether or not th
Sergio039 [100]

Answer:

b.

Explanation:

Based on the information provided within the question it can be said that in concept the researcher is considering them as two potentially different populations. This is why he separated them as two groups and is looking for the significant "differences" between them. Meaning that he believes that they are two different populations and is just looking to actually find what those differences are.

5 0
4 years ago
What are some of the benefits using a financial institution like a bank or a credit union
loris [4]

Answer:

They keep money safe and stable. However, Investing in the stock market is also another option, with the opportunity to make large gains with you money, with more risk of course.

Explanation:

4 0
3 years ago
For years Microsoft did not pay dividends to its shareholders. Instead it held back these profits to be used for future growth o
Lynna [10]
These undistributed profits are refereed to as RETAINED EARNINGS. They are also called accumulated profits, undivided profits and earned surplus. The undistributed profits form a part of a business' equity and they are owned by the shareholders.
4 0
3 years ago
Suppose the hot sauce firm cannot reduce the externality without reducing costs. What is a possible next step the government cou
Makovka662 [10]

Create a limit on the maximum no. of bottles the firm can make,

The required details about externality is mentioned in below paragraph.

<h3>How Do Externalities Work?</h3>

An externality is a cost or benefit a producer generates but does not personally bear or receive. An externality can result from the creation or consumption of a good or service and can be both positive and negative.

Externalities happen when creating or consuming a good has an effect on parties who are not involved in the transaction directly. Externalities can be either good or bad. They can result from either production or consumption as well. For instance, simply entering a city center will increase the pollution and traffic for individuals who live there.

to learn about  externality here-

brainly.com/question/24258985

#SPJ4

8 0
1 year ago
The internal rate of return: Multiple Choice
Oduvanchick [21]

Answer: Option C

                       

Explanation: Internal rate of return is used less in common business world as the  most popular measure is the net present value which shows how much profit will a company make by choosing to do a project.

IRR produce different results for unconventional cash flows and NPV is used for evaluating mutually exclusive projects. IRR shows the rate of return from the investment but is vague as the overall result is shown by the net present value.  

3 0
4 years ago
Other questions:
  • "Suppose a firm wants to take advantage of an upward-sloping yield curve. If the firm believes that interest rates will stay con
    10·1 answer
  • Retired utility workers are suing their former employer for knowingly exposing them to asbestos without warning them of the heal
    5·1 answer
  • Assume your employer provides health care insurance and deducts your portion of the premiums from your paycheck with pre-tax dol
    14·1 answer
  • At December 31, DePaul Corporation had a $34 million balance in its deferred tax asset account and a $180 million balance in its
    15·1 answer
  • Discretionary income might be used to buy which items?
    13·1 answer
  • An individual who has completed college has been working for 9 years and is now 30 years old. He is thinking about returning to
    10·1 answer
  • On January 1, Year 1. a company issues $100.000 of 8% bonds maturing in 10 years when the market rate of interest is 9%. The bon
    12·1 answer
  • Domingo Corporation uses the weighted...
    10·1 answer
  • A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours woul
    10·1 answer
  • Jennings company has total assets of $445 million. its total liabilities are $120.5 million. its equity is $324.5 million. calcu
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!