Question

the revenue received from selling one additional unit of output is called?​

Answer 1

Marginal revenue (MR) is the increase in revenue that results from the sale of one additional unit of output. In economic theory, perfectly competitive firms continue producing output until marginal revenue equals marginal cost

Answer 2

Explanation:

Marginal revenue (MR) is the increase in revenue that results from the sale of one additional unit of output. While marginal revenue can remain constant over a certain level of output, it follows from the law of diminishing returns and will eventually slow down as the output level increases. In economic theory, perfectly competitive firms continue producing output until marginal revenue equals marginal cost.