marginal revenue
noun[CorU]
ukusECONOMICS,ACCOUNTING
theamountofmoneyacompanycan make bysellingone moreunitof something
Examplesofmarginal revenue
marginal revenue
Marginalrevenueequals zero when the total revenue curve has reached its maximum value.
From
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This example is from Wikipedia and may be reused under a CC BY-SA license.Themarginalrevenueproduct is the change in total revenue per unit change in the variable input.
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This example is from Wikipedia and may be reused under a CC BY-SA license.They also emphasized certain tools, such as themarginalrevenuecurve.
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This example is from Wikipedia and may be reused under a CC BY-SA license.To maximize profits the firm should increase usage up to the point where the inputsmarginalrevenueproduct equals its marginal costs.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Themarginalrevenueproduct of labour can be used as the demand for labour curve for this firm in the short run.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Third the x intercept of themarginalrevenuecurve is half that of the inverse demand curve.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Firm 1 begins the process by following the profit maximization rule of equatingmarginalrevenueto marginal costs.
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This example is from Wikipedia and may be reused under a CC BY-SA license.What is not quite so evident is that themarginalrevenuecurve is below the inverse demand curve at all points.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Technically, shutdown occurs ifmarginalrevenueis below average variable cost at the profit-maximizing output.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Demand for land like others depends upon themarginalrevenueproductivity.
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This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.