Examlex
Credit risk implies that the promised yield to maturity on the bond is higher than the expected yield.
Marginal Revenue
The extra income generated from selling one additional unit of a product or service.
Marginal Cost
The rise in expense associated with the production of one more unit of a product or service.
P > MC
A condition where the price (P) of a good is greater than the marginal cost (MC) of producing it, typically indicating the potential for profit.
MR
Marginal Revenue, the additional income received from selling one more unit of a product or service.
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