What is the difference between marginal revenue and total revenue ?

Question

asked Oct 13, 2021 186k views

1 Answer

Gwidryj · Answer 1 · 2021-10-17T06:22:02+0000

Answer:

Step-by-step explanation:

Total revenue is the amount of money you got for selling all of your products/services.

Marginal revenue is the amount of money you got for selling the last unit of goods or services.