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What is marginal revenue? - Economics

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प्रश्न

What is marginal revenue? 

अति संक्षिप्त उत्तर
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उत्तर १

Marginal revenue is defined as the addition to total revenue which results from the sale of one additional unit of the product (output). 

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उत्तर २

Marginal revenue is the change in total revenue which results from the sale of one more or one less unit of output. Therefore

`MR = (ΔTR)/(ΔQ) or MR = TR_n - TR_(n-1)`

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अध्याय 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [पृष्ठ १६३]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 8 Cost and Revenue Analysis
TEST YOURSELF QUESTIONS | Q 48. (i) | पृष्ठ १६१
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