Marginal Revenue Is

question 117

Multiple Choice

Marginal Revenue is

• A)the increase in total revenue from selling one more unit of output.
• B)equal to P(1 + 1/e).
• C)equal to P when the price elasticity of demand is infinite.
• D)All of the above.

---

Definitions:

Strategic Marketing

The process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives.

Strategic Outsourcing

The practice of delegating certain operational functions to external entities to reduce costs, improve efficiency, or focus on core competencies.

SWOT Analysis

A strategic planning tool used to identify and analyze the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Competitive Advantage

The unique attributes or circumstances that allow an organization to outperform its competitors.