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What best describes marginal revenue?

What best describes marginal revenue?<br/>

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Asked by Orsay, Last updated: Nov 24, 2024

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Orsay

Orsay

Orsay
Orsay

Answered Nov 22, 2018

The rate of change in total revenue that results from the sale of ∆Q additional units of output is called marginal revenue.

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