Management Glossary

  Search Results: marginal revenue
marginal revenue
The amount that total revenue will increase as a result of the production of one additional unit of the company's product. Marginal revenue will usually not be the same at all levels of production because, for example, if the company produces only small quantities it can demand higher prices and still sellout its stock because some people will be value and be willing to pay more for the product than other people.
Contributed by: Managerwise Staff

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