Marginal revenue


 

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Marginal revenue

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



Marginal revenue

Similar Matches

Marginal value product

Marginal value product

The value of the marginal product of a factor in an industry; that is, the price of the good produced times the marginal product. Determines factor prices when all markets are competitive.


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.


Value marginal product

Value marginal product

Marginal value product.


Marginal propensity

Marginal propensity

The fraction of a change in income devoted to an activity, such as consumption, importing, or saving. See propensity.


Further Suggestions

Marginal efficiency of capital
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marginal tax rate
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Marginal utility
Marginal rate of substitution


 
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