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Marginal Revenue
The revenue boost from selling an additional unit of a good or service.
Iguanas
Large, herbivorous lizards native to Central and South America, known for their distinctive appearance, including dorsal spines and dewlaps.
Elastic Demand
A scenario in which there's a notable shift in the demand for a product or service due to a variation in its price.
Total Revenue
The entire amount of income generated by the sale of goods or services before any costs or expenses are deducted.
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