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Author Question: Scenario 1-2Suppose a cigar manufacturer currently sells 1,500 cigars per week and makes a profit of ... (Read 97 times)

tfester

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on: Mar 15, 2019

Scenario 1-2

Suppose a cigar manufacturer currently sells 1,500 cigars per week and makes a profit of $3,000 per week. The plant foreman observes, "Although the last 500 cigars we produced and sold increased our revenue by $7,500 and our costs by $7,000, we are only making an overall profit of $3,000 per week so I think we need to cut back on production.






Refer to Scenario 1-2. Using marginal analysis terminology, what is another economic term for the incremental revenue received from the sale of the last 500 cigars?


◦ gross earnings
◦ marginal revenue
◦ sales revenue
◦ gross profit
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by tfester on Mar 15, 2019

maya.nigrin17@yahoo.com

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Reply #1 on: Mar 15, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tfester

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Reply #2 on: Mar 15, 2019
Thank you!


maya.nigrin17@yahoo.com

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Reply #3 on: Mar 15, 2019
Always glad to help...


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