Bennie’s radiator shop has installed a new machine that increases production by 200 units. each unit sells for $30. what is the marginal revenue product of the new machine?
a. $6,000b. $30c. $170d. 200 unitse. insufficient data

a. $6,000

Explanation:

Since the new machine has increased the production by 200 units, therefore the marginal revenue shall be recognised with reference to the new 200 units produced by the new machine.

The marginal revenue shall be calculated as follow:

Marginal revenue=marginal units*revenue per unit

Marginal revenue=200*30

                              =$6,000

So the answer is a. $6,000

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"