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Marginal Revenue

The revenue generated from the sale of one more additional item. It also refers to the value of the higher sales price related to beneficial business attributes that justify the additional charges.

Marginal Revenue in Business

02/03/2015

The scholarly definition and reality are two different perspectives.  The student is taught that marginal revenue equals the additional dollars generated for an additional single unit of sales.  It is literally taken right down to the micro [...]