question archive “Marginal revenue” refers to the: 1
“Marginal revenue” refers to the: 1
Subject:EconomicsPrice:1.87 Bought7
“Marginal revenue” refers to the:
1.revenue earned on the last unit sold.
2.variable cost to produce an extra unit.
3.total revenue divided by the total number of units sold.
4.change in total revenue that results from selling an extra unit.
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