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Math Help - quick econ question

  1. #1
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    quick econ question

    what is the equation for finding MR (marginal revenue)?
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  2. #2
    Newbie LuisRodg's Avatar
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    If I remember correctly from my AP Econ class back in High School:

    Marginal Revenue (MR) refers to the extra (or marginal) revenue brought to a company by an additional product.

    If you the mathematical form, then MR can also be described as the change in total revenue over the change in total units sold.
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