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sweet [91]
3 years ago
5

What is Growth of Cities

History
1 answer:
Bas_tet [7]3 years ago
4 0
Is urbanisation what your alluding to?
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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).

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Companies used the details on marginal revenue and marginal cost to:

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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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Andrew Jackson is known for creating the Spoils System. In politics and government, a spoils system is a practice in which a political party, after winning an election, gives government civil service jobs to its supporters, friends, and relatives as a reward.

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