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When is it possible for the information that you submit on the Internet to be gathered by many persons and used for various situations?
Marginal Revenue
The supplementary income a company accrues from the sale of one additional unit of a product or service.
ATC
Average Total Cost, the total cost of production divided by the number of units produced, representing the average cost per unit of output.
Profit-Maximizing Rule
A principle that states a firm reaches its highest profit when its marginal cost equals its marginal revenue.
Marginal Revenue
The revenue increase from the sale of one more unit of a product or service.
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