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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1265094
Introduction to Economics 1 Deneme Sınavı Sorusu #1265094
The additional revenue obtained by selling one more unit of a good is called:
Average revenue. |
Total revenue. |
Marginal revenue. |
Extra revenue. |
Profit maximizing revenue. |
Yanıt Açıklaması:
Total Revenue is the total amount of money received by a seller, which is equal to price times quantity sold. Marginal Revenue is the additional revenue obtained by selling one more unit of a good. Average revenue shows how much revenue a firm gets for each unit sold.
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