Factor.
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Definitions:
Marginal Revenue
The added income a company secures by disposing of an additional unit of a good or service.
Demand Curve
A graphical representation that shows the relationship between the price of a good or service and the quantity demanded by consumers.
Profit
The financial gain received when the revenue from selling goods or services exceeds the cost of producing these goods or services.
Marginal Revenue
The additional revenue a business receives from selling one more unit of a good or service.
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