Mount Everest is the biggest mountain in the world.
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
Answer: Baalbek, Lebanon
EVIDENCE: Known as the “City of the Sun,” Baalbek in Lebanon's fertile Bekaa Valley is among the best-preserved Roman ruins in the Middle East. Built on a magnificent scale that rivaled even ancient Rome, pilgrims from across the empire flocked here to worship.
Answer:
Explanation:
War (What is it good for?) was an anti-Vietnam War protest song, written by Norman Whitfield and recorded by Whitfield and the Temptations in 1969. ... In the wake of this success Starr used his growing profile to criticise American foreign policy in general and the Vietnam War in particular.
Answer:
The most obvious way was through open rebellion. In 73-71 BC the gladiator Spartacus famously led an uprising of thousands of slaves in central Italy, formed an army that defeated several Roman legions, and at one point threatened Rome itself.
