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Gemiola [76]
3 years ago
11

How did the boundaries of the United States change between 1812 and 1821

History
1 answer:
Nostrana [21]3 years ago
5 0
The US purchased the Florida Territory from Spain... i think that was in 1819
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You own a company that produces widgets (an economic term frequently used to represent any product manufactured in a market). Yo
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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

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Identify the simple adverb in the following sentence: The green iguana runs quickly on its wheel. A. Runs B. Quickly C. Iguana D
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Quickly because it is describing something
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What conclusion can be drawn about most ancient civilizations?
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<span>By analyzing ancient artifacts discovered at sites that would indicate the past about ancient civilizations.</span>
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Why was the first successful airplane flight a turning point in the history of transportation?
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it was a turning point because it got to places faster

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