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If you plan to invest $10,000 and want to determine how much will be accumulated in six years if you earn interest at 7% per year,you would calculate this using the future value of an annuity.
Marginal Revenue
The additional revenue that is gained from selling one more unit of a product or service.
Marginal Cost
Expenses incurred from making one more unit of a product or service.
Average Revenue
The mean amount of money earned per unit sold, calculated by dividing the total revenue by the quantity of units sold.
Marginal Revenue
The additional income gained from selling one more unit of a product.
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