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
Settlers did things like occupy and degrade popular hunting grounds or water sources. Like if a settler built a house and barn and fences somewhere, it might ruin the place as a hunting ground because the animals might shy away from it. A fence in a pasture might block and annoy a Native American who was traveling across that area. In some cases, settlers unknowingly violated taboos. Like maybe they cut down trees from a holy grove to use for timber or firewood.
To some leaders, lawmaking was more efficient and faster when debated and voted for in only one chamber,as provided for in an unicameral legislature. This made the law responsive to changes in public opinion, involving them in the law making and amendment process. This therefore advocates for the availability of democracy in any particular society,creating more democratic governments.
Answer:
Smith
Explanation:
Although Jones won more votes from the people when added all together, Smith won more electoral votes. In state A Smith was voted the most so he won 10 electoral votes and in State B Jones was voted more and won 9 electoral votes. Since 10 votes is larger than 9 Smith won. Basically Smith won the most votes in a state that had more people so more electoral votes in total, and because of that he got more electoral votes which resulted in his victory.
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