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How to calculate MR in economics |
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Answer» A COMPANY calculates marginal REVENUE by DIVIDING the change in total revenue by the change in total output QUANTITY. Therefore, the sale price of a single additional item sold equals marginal revenue. For EXAMPLE, a company sells its first 100 items for a total of $1,000.Explanation:❤️HOPE IT HELPS YOU DEAR❤️ |
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