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Determine the marginal cost for General Motors electric vehicle battery production expansion. Cost Components Fixed Costs ($) Variable Costs per Unit ($) Production Volume (units)

Determine the marginal cost for General Motors’ electric vehicle battery production expansion.

Cost Components

Fixed Costs ($)

Variable Costs per Unit ($)

Production Volume (units)

Electric Vehicle Battery Production

7,500,000,000

2,000

5,000,000

Requirements:

Calculate the marginal cost per unit.

Assess the impact of production volume changes on the marginal cost.

Determine the pricing strategy based on marginal cost analysis.

Provide recommendations for optimizing electric vehicle battery production costs.

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