Definitions for "Marginal revenue"
Related Terms:
Gross profit margin, Total revenue, Gross margin, Marginal cost, Gross profit, Producer surplus, Gpm , Cost, Direct product profitability, Contribution margin, Break-even analysis, Marginal product, Sales, Marginal cost pricing, Gross sales, Break even, Marginal propensity to consume, Average cost, Gross revenue, Gross, Marginal utility, Margin, Profit margin, Ebitda margin, Net sales, Profit, Economies of scale, Net profit margin, Unit cost, Margins, Average cost method, Revenue, Net revenue, Operating margin, Cost of goods sold, Cogs, Revenue requirement, Revenues, Production cost, Economic profit, Cost of sales, Breakeven, Incremental cost, Breakeven point, Break-even, Deadweight loss, Net domestic product, Trading profit, Break-even point
The revenue associated with one additional unit of production.
is the change in total revenue as a result of producing one additional unit of output.
The additional income received from selling one additional unit of output.
The amount by which a firm's revenue increases when it expands output by one unit, taking into account that to sell one more unit it may need to reduce price on all units.
the change in total revenue resulting from increasing sales by one unit.
The extra revenue made from selling one extra unit of output.
the extra revenue received by a firm for selling one additional unit of good
the change in total revenue that occurs when a firm sells an additional unit of a product (589)
The change in a producer's total revenues when one additional unit of output is sold. View Capstone Lesson(s) that address this concept
the change in total revenue due to a one-unit increase in quantity sold.
is the added revenue associated with the sale of one more unit of output. The marginal revenue product (MRP) of any resource input is the extra revenue the firm gains by using one more unit of the input, holding other inputs constant. The marginal tax rate is the rate paid on each additional dollar earned from an activity. The marginal utility of a good is the additional satisfaction a consumer derives from consuming one additional unit of that good.
The addition to total revenue due to selling 1 more unit of the product.
The change in total revenue that results from a one-unit increase in the quantity sold. (p. 287)
The additional revenue obtained from supplying one more unit of a product.
The change in total revenue resulting from a one unit change in sales.
product of capital the change in total revenue due to a one-unit increase in capital.
the revenue received by a firm for selling one additional unit of a goo
The additional revenue (income) that a firm gets from selling one more unit of output. Thinking in terms of marginal revenue helps firms decide how to set a price for their products in advance.
The addition to total revenue as one additional unit is produced and sold.
The change in total revenue that occurs when a company sells an additional unit of a product. p. 595
The addition to total revenue that results from the sale of one additional unit of output.
The revenue from the next unit. To Top
The incremental sales dollars received when the level of output of some operation is increased by one unit.
Marginal revenue is the change in total revenue received from selling one additional unit of the good or service. It is calculated as the change in total revenue divided by the change in quantity sold.
In microeconomics, Marginal Revenue (MR) is the extra revenue that an additional unit of product will bring a firm. It can also be described as the change in total revenue/change in number of units sold.