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Shanu posted an Question
September 02, 2020 • 22:56 pm 75 points
  • UGC NET
  • Economics

What is marginal revenue

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  • Anonymous User best-answer

    marginal revenue is the additional total revenue that will be generated by increasing product sales by one unit. In a perfectly competitive market, the additional revenue generated by selling an additional unit of a good is equal to the price the firm is able to charge the buyer of the good.

  • Anonymous User Best Answer

    marginal revenue is the additional total revenue that will be generated by increasing product sales by one unit. In a perfectly competitive market, the additional revenue generated by selling an additional unit of a good is equal to the price the firm is able to charge the buyer of the good.

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