Examlex
The amount of a given input demanded by a firm depends on the:
Marginal Profit
The additional profit earned from selling one more unit of a product or service.
Marginal Revenue
The incremental profit made from the sale of an additional unit of a good or service.
Marginal Cost
The increment in overall expenses due to the output of one more unit of a product or service.
Marginal Revenue
The augmented income received from selling an extra unit of a good or service.
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