Economy, asked by sakthivel1516, 9 months ago

How do changes in total revenue affect marginal revenue?

Answers

Answered by RewelDeepak
0

Answer:

Marginal revenue measures the change in revenue that results from a change in the amount of goods or services sold. It indicates how much revenue increases for selling an additional unit of a good or service. To calculate marginal revenue, divide the change in total revenue by the change in the quantity sold.

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