208k views
2 votes
What does the word "marginal" stand for in the term "marginal revenue" stand for?

1 Answer

8 votes

Marginal Revenue: refers to the extra revenue you receive when you sell one more unit of something.

-Len

User Trbabb
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.