Examlex
Why has channel 3 (wholesale distribution) gained in popularity?
Marginal Revenue
Marginal revenue is the additional income earned from selling one more unit of a good or service.
Total Revenue
The overall amount of money generated by a business from its activities, such as sales of goods or services, before any expenses are subtracted.
Marginal Revenue
The additional income obtained from selling one more unit of a product or service.
Marginal Cost
The increment in total pricing necessary for the creation of one more unit of any good or service.
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