WILL FAN AND MEDAL JUST CHECK MY ANSWER!

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?

$6,000

Question

WILL FAN AND MEDAL JUST CHECK MY ANSWER! 

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?

 $6,000 <----- I THINK ITS THIS ONE 
 $30
 $170
 200 units
 Insufficient data

scarlett_feathers · Answer

here is how I came to this conclusion. AM I right? http://smallbusiness.chron.com/calculate-marginal-revenue-3480.html

welshfella · Answer

looks good

scarlett_feathers · Answer

Can you help me with one more?

mathmale · Answer

Have  you looked up "marginal revenue" or "marginal revenue product?"  I do not recognize "marginal revenue product."  Where did that come from?

mathmale · Answer

Please show the rest of us a definition or example that leads you to believe that the correct answer is    $6,000 <----- I THINK ITS THIS ONE