Answer:
Producing 4 units yields the highest marginal revenue at 1500.
Explanation:
To calculate marginal revenue we look at the change in revenue figure compared to the change in units. In other words dividing the change in total revenue by the change in total output quantity.
Based on the information given these are the changes in marginal revenue per quantity.
1. 1200
2. 2200 - 1200 = 1000
3. 3400 - 2200 = 1200
4. 4900 - 3400 = 1500
5. 5500 - 4900 = 600
6. 6000 - 5500 = 500
7. 6500 - 6000 = 500
8. 6200 - 6500 = (300)
Thus based on the comparisons of the different quantities optimal marginal revenue is reached at 4 units of production. 1500 total marginal revenue
The answer in the space provided is carrying capacity as this is what is being threatened in the scenario above because the carrying capacity is a way of establish what the environment can hold or provide with a limited amount of people and when if there is a presence of population growth that is high, it could be threatened.
Financially responsible means to be prepared for something unexpectedly like u didn’t know was coming up or was gonna happen and it mean you need be able to support yourself with any source of income.
Answer:
A bank acts like an intermediary between depositors and creditors. If the market interest rates increase, gross interest income will rise, but all gross interest expense. They will charge higher rates to borrowers, but also must pay higher rates to depositors. The spread probably remains unchanged because both sides increased.
