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Discuss the major trend: transparency.
Marginal Revenue (MR)
The increase in revenue that results from the sale of one additional unit of a product or service.
Marginal Cost (MC)
The expense associated with the production of an extra unit of a product or service.
Total Production
The aggregate amount of goods or services produced by an entity during a specific period.
Marginal Revenue (MR)
The increase in income resulting from the sale of one extra unit of a good or service.
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