Marginal profit can be found by subtracting marginal cost from marginal revenue.

Question

Quizplus · Accepted Answer

This is the correct formula for calculating marginal profit. Marginal profit is the additional profit a company earns from selling one additional unit of a product or service, and it is calculated by subtracting the additional cost of producing that unit (marginal cost) from the additional revenue earned from selling it (marginal revenue).

Marginal Profit Can Be Found by Subtracting Marginal Cost from Marginal