Marginal revenue


 

Home
Site Map
Add Term
Search
About Us
Contributors

Marginal revenue

The change in total revenue as a result of producing one additional unit of output.



Marginal revenue

Similar Matches

Marginal rate of substitution

Marginal rate of substitution

In a production function or a utility function, the ratio at which one argument (input) substitutes for another along an isoquant or indifference curve.


Marginal propensity to save

Marginal propensity to save

The fraction of a change in income (or perhaps disposable income) that is saved.


Marginal cost

Marginal cost

The increase in cost that accompanies a unit increase in output; the partial derivative of the cost function with respect to output.


Marginal efficiency of capital

Marginal efficiency of capital

The percentage yield earned on an additional unit of capital.


Marginal rate of transformation

Marginal rate of transformation

The increase in output of one good made possible by a one-unit decrease in the output of another, given the technology and factor endowments of a country; thus the absolute value of the slope of the transformation curve.


Further Suggestions

marginal tax rate
Marginal revenue product
Value marginal product
Marginal product
Marginal tax rate
Marginal propensity to import
Marginal propensity
Marginal
Marginal utility
Marginal propensity to consume
Marginal value product


 
All rights Reserved. Do not copy without permission. T4 Innovations Ltd