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
slavikrds [6]
3 years ago
13

Calculate the total revenue if the firm produces 10 versus 9 units. Then, calculate the marginal revenue of the 10th unit produc

ed. The marginal revenue of the 10th unit produced is
Business
1 answer:
lana66690 [7]3 years ago
8 0

Complete Question:

If the price of an item is $3 per unit, calculate the total revenue if the firm produces 10 versus 9 units. Then, calculate the marginal revenue of the 10th unit produced. The marginal revenue of the 10th unit produced is ...

Answer:

a) The total revenue for 10 units = $30 ($3 * 10)

   The total revenue for 9 units = $27 ($3 * 9)

b) The marginal revenue of the 10th unit produced is $3 ($30 - $27).

Explanation:

a) Total revenue is a function of the selling price per unit and the quantity or units of sales.  For example, if a firm sells 5,000 units of its vehicle component at a unit price of $56, the total revenue will equal $280,000 (5,000 * $56).

b) The marginal revenue is the additional revenue that results from the sale of one additional unit of a product.  Another way of computing the marginal revenue is to divide the change in total revenue by the change in total output quantity.  This implies that marginal revenue is the additional price per unit of sales.

You might be interested in
Which of the following is a type of intellectual property?
GuDViN [60]
C: software

in most countries, there are four primary types of intellectual property (IP) that can be legally protected: patents, trademarks, copyrights, and trade secrets.

Copyrights do not protect ideas, but rather the manner in which ideas are expressed (“original works of authorship”) - written works, art, music, architectural drawings, or even programming code for software
5 0
3 years ago
a segment should probably be dropped when the segment blank . multiple select question. has a positive segment margin but cannot
andrew11 [14]

A segment should probably be dropped when the segment has important side effects on other segments cannot cover its own costs. The correct option is B.

<h3>What is a segment margin?</h3>

The profit or loss generated by one component of a business is referred to as segment margin.

Segment margin only considers the segment's revenue and expenses.

By analyzing a company's strengths and weaknesses, segment margin can provide an accurate picture of where it is performing well and where it is not.

If a segment cannot cover its own costs, it should be dropped unless it has significant side effects on other segments.

Thus, the correct option is B.

For more details regarding segment margin, visit:

brainly.com/question/15357689

#SPJ4

5 0
2 years ago
​Electric, Inc. was incorporated on January​ 1, 2016. Electric issued 7 comma 000 shares of common stock and 1 comma 200 shares
marta [7]

Answer:

$48,000

Explanation:

The computation of the total amount paid to the preferred shareholder is shown below:

= Number of preferred stock shares × par value × dividend rate × number of years

= 1,200 shares × $100 × 10% × 4 years

= $48,000

Simply we multiplied with the number of preferred stock with the par value, its dividend rate and the time period so that the correct value can come

All other information which is given is not relevant. Hence, ignored it

7 0
3 years ago
Preferred stock: 8 percent, par $10, authorized 20,000 shares. Common stock: par $1, authorized 50,000 shares. The following tra
Zolol [24]

Answer:

Required:

Prepare the stockholders’ equity section of the balance sheet at December 31.

Explanation:

check the file attached for the  balance sheet at December 31.

Download docx
7 0
3 years ago
Martin Corp. permits any of its employees to buy shares directly from the company through payroll deduction. There are no broker
Rashid [163]

Answer: $57,000,000

Explanation:

The employees purchased at a 20% discount which means that this 20% discount is the amount that would have to be covered by the company's pretax earnings:

= 19,000,000 * 15 * 0.2

= $57,000,000

<em>Martin's pretax earnings will be reduced by $57 million because the company would have to cover the discount on the shares. </em>

8 0
3 years ago
Other questions:
  • No matter what way you approach raising money for your business, you will need a ________. written business plan family investme
    6·1 answer
  • ____ includes the planning, executing, and controlling of all activities involved in raw material sourcing and procurement, conv
    15·1 answer
  • An employee of a delivery company drives 480 miles at 60 miles per hour in a vehicle that averages 20 miles per gallon of gas. T
    5·1 answer
  • Dani's denim sells blue jeans. in 2017, dani's specialized in selling moderately priced jeans with a 25% markup. in 2018, dani's
    5·2 answers
  • Ivanhoe Choice sells natural supplements to customers with an unconditional sales return if they are not satisfied. The sales re
    13·1 answer
  • Which of the following can be classified as data flow for a book store?
    15·1 answer
  • you are the accounts receivable clerk for fast and friendly shipping . the friendly shipping the balance of the accounts receiva
    9·1 answer
  • Suppose a REIT pays out a dividend today of $3.00 and the projected dividend growth rate is 2%. The investor has a required rate
    12·1 answer
  • Explain how farmers' economic choices were affected by the scaricity of the resources.
    15·1 answer
  • In the figure below, ∆LMN is an equilateral triangle, side \overline {LM} LM is bisected by O, side \overline {LN} LM is bisecte
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!