Match the following with the items below:
Definitions:
Marginal Cost
The price of manufacturing one additional product or service unit.
Marginal Revenue
The increase in income from the sale of one extra unit of a good or service.
Marginal Revenue
The additional income from selling one more unit of a good; sometimes equals the price of the good.
Marginal Cost
The additional cost incurred from manufacturing or producing one more unit of a specific product or service.
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