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The joule is the SI unit of energy and is equal to 1 kg m2 s-2. The erg is another energy unit, equal to 1 g cm2 s-2. Use unit conversion methods to work out how many ergs are in 1 joule.
Marginal Cost
Incremental cost increase for manufacturing another unit of a product or service.
Total Revenue
The overall amount of money generated from the sale of goods or services before any expenses are subtracted.
Output
The quantity of goods or services produced in a given time period.
Price Per Unit
The cost of a single unit of a product or service.
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