The marginal revenue of this monopolist's 11th unit of output is; $2.80
<h3>How to find the Marginal Revenue?</h3>
Marginal revenue is defined as the amount that you gained after selling all your units at a certain price.
Revenue is different from profit, because profit has to incorporate the expenses incurred in order to produce the product. For total revenue, that would just represent the total sales of a firm or company. However, marginal revenue is the additional cost a consumer has to pay when he acquires an additional unit of the product. Thus, marginal revenue is the change of sales per unit product.
Formula for Marginal Revenue is;
Marginal Revenue = ΔRevenue/ΔNumber of units
Thus;
Marginal Revenue = [11($4.80) - 10($5)]/(11 - 10)
Marginal Revenue = $2.8 per unit
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Answer:
The effects of the Treaty of Versailles weakened Germany's government and that, along with all of the effects, allowed for the rise of fascism and Hitler in Germany after World War I. All of these factors added up to the beginning of World War II and they were all caused by the Treaty of Versailles.
Explanation:
Answer:
The issue of the jugglers is difficult for Mayor Arnold because there is no clear solution. She cannot pass a law banning juggling, and fining the jugglers is too financially risky.
I hope this helps you with your assignment!! - Astradele
