FIGURE 11- 2 
-Refer to Figure 11- 2.Diagram C depicts a typical firm in long- run equilibrium in
Definitions:
Marginal Revenue
The additional income earned from selling one more unit of a good or service.
Additional Unit
An extra item or piece beyond the current production or stock, often considered in decision-making regarding costs and prices.
Marginal Revenue
The extra revenue earned by selling an additional unit of a product or service.
Marginal Revenue
The additional income generated from selling one more unit of a product or service.
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