Marginal revenue is equal to

Question

Quizplus · Accepted Answer

Marginal revenue is the additional revenue generated from selling one more unit of a good. Therefore, option A, "the change in total revenue from selling one more unit of a good," is the correct answer. Option B is incorrect because it describes total revenue, not marginal revenue. Option C is incorrect because it refers to average revenue, which is the total revenue divided by the number of units sold, and not marginal revenue. Option D is incorrect because it includes options B and C, which are incorrect.

Marginal Revenue Is Equal to