When a business owner uses price discrimination, the marginal revenue curve and the market demand curve are in line, therefore the marginal revenue is the same as the product's price.
The additional money made by selling one more unit of output is known as marginal revenue. The law of diminishing returns eventually leads marginal revenue to start dropping as output level grows, even though it can stay constant at a certain level of output.
The incremental cost or profit made when producing the following item is referred to as marginal. While marginal cost is the additional expense for producing one extra unit, marginal product is the increased revenue.
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Answer:
$0.25
Explanation:
The marginal cost of the sixth pencil is given by the difference in total cost of purchasing 6 pencils from the cost of purchasing 5 pencils. That is, the change in cost caused by the addition of the sixth unit of output:
The marginal cost of the sixth pencil is $0.25
Answer:
7.28%
Explanation:
For this question we use the RATE formula that is shown in the attachment below:
Provided that
Present value = $1,075
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 8% ÷ 2 = $40
NPER = 20 years × 2 = 40 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the coupon rate is
= 3.64% × 2
= 7.28%
Answer:
Create a daily schedule and reward herself for sticking to it
Explanation:
The strategy that Olivia could use to help manage her time is to create a daily schedule and reward herself for sticking to it because she has different things to do and the best way to complete everything is to organize the time in which she is going to perform each activity and follow that plan so she will be able to have enough time. Also, if she rewards herself for following the schedule, she would be motivated to continue doing it.
