Jim' burger produces 500 burgers per week.Each burger is priced at $3.What is the marginal revenue of selling the 50th burger?

Name: Jim' burger produces 500 burgers per week.Each burger is priced at $3.What is the marginal revenue of selling the 50th burger?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Marginal revenue is the change in total revenue from selling one additional unit. In this case, selling the 50th burger increases total revenue by $3, so the marginal revenue is $3.

Jim' Burger Produces 500 Burgers Per Week