Correct use of marginal cost and marginal revenue.docx

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Running head: MARGINAL COST AND MARGINAL REVENUE 1 Marginal Cost and Marginal Revenue Name Instructor Course Date
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MARGINAL COST AND MARGINAL REVENUE 2 Correct Use of Marginal Cost and Marginal Revenue Amber marginal cost and marginal revenue are appropriately put in use following review of the analysis Mike and Amber held with an accompaniment of dialogue focusing on the business issues. In the report presented, Amber demonstrated how she adhered to their strategies to come up with an effective implementation of the policy. In the analysis, Jennifer Kelly, the Amber Wright accountant confirmed information on the average purchase for every consumer which shows the progress of strategic plans under marginal revenue achievement. Another way to the accomplishment of marginal revenue is through the store working hours extension cost which was also revealed in the Amber analysis provided (Hirschey, 2009). Attaining the marginal revenue usually requires an appropriate application of the marginal cost. The 50% bonus on hourly overtime past midnight is considered for the night store
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  • Fall '17
  • nancy
  • Economics, Marginal concepts, Amber Wright

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