Question
Suppose a company sells 172 units of inventory at $12.41 each. However, if it sells 192 units, the total revenue is $2334.52. REQUIRED: How much
Suppose a company sells 172 units of inventory at $12.41 each. However, if it sells 192 units, the total revenue is $2334.52.
REQUIRED:
How much is the marginal (marginal revenue) of the 173rd unit?
Step by Step Solution
3.47 Rating (157 Votes )
There are 3 Steps involved in it
Step: 1
To calculate the marginal revenue of the 173rd unit we can first find the equation for the total rev...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Management Accounting Information For Decision Making
Authors: Anthony A. Atkinson
7th Edition
1618533517, 9781618533517
