what is meant by marginal revenue? when sales increase by one more unit , total revenue increases from Rs 1,980 to Rs 2,500. find marginal revenue?
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Marginal revenue means revenue by adding 1 unit proportionate increment in revenue. mareginal revenue is. 2500-1980=520.
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Marginal revenue refers to the incremental change in earnings resulting from the sale of one additional unit. Analyzing marginal revenue helps a company identify the revenue generated from one additional unit of production.
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