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Management generally relies upon its ability to estimate before hard data are available.
Marginal Revenue
The additional income earned from selling one more unit of a product or service.
Marginal Revenue
The additional income gained from selling one more unit of a good or service.
Average Revenue
The total revenue received by a firm from selling its products divided by the total quantity of the product sold, essentially the average price per unit sold.
Indistinguishable
Unable to be identified as different or distinct when compared to another.
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