186k views
0 votes
What is the difference between marginal revenue and total revenue ?

User Furman
by
3.8k points

1 Answer

0 votes

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.

User Gwidryj
by
3.7k points