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investopedia.com
Marginal Revenue Explained, With Formula and Example
Marginal revenue is the incremental gain produced by selling an additional unit. It follows the law of diminishing returns, eroding as output levels increase.
10 months ago
Marginal revenue Formula
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Marginal revenue should be equal to marginal cost, and marginal cost must cut MR from below. Constitute the conditions for the equilibrium of the firm. Discuss with examples. - Economics | Shaalaa.com
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