Definition of marginal revenue in English:

marginal revenue

noun

mass nounEconomics

The revenue gained by producing one additional unit of a product or service.
the marginal revenue of carrying an individual passenger far exceeded marginal cost
Example sentencesExamples
- The opposite extreme in a market is monopoly, where one firm maximizes profits by exploiting the marginal revenue derived from demand.
- The marginal revenue from lowering the price to grab additional Canadian customers would quickly be more than cancelled by the lost revenue due to Americans paying lower prices.
- If marginal cost falls, a profit-maximizing firm will expand output, so that marginal revenue falls as well.
- He was the sole price setter, free to set marginal revenue equal to marginal cost, and free to set price far above marginal cost.
- In a commodity system such as the beef industry, the unit price of the output is equivalent to marginal revenue.

Definition of marginal revenue in US English:

marginal revenue

noun

Economics

The revenue gained by producing one additional unit of a good or service.
the marginal revenue of carrying an individual passenger far exceeded marginal cost
Example sentencesExamples
- He was the sole price setter, free to set marginal revenue equal to marginal cost, and free to set price far above marginal cost.
- The marginal revenue from lowering the price to grab additional Canadian customers would quickly be more than cancelled by the lost revenue due to Americans paying lower prices.
- In a commodity system such as the beef industry, the unit price of the output is equivalent to marginal revenue.
- If marginal cost falls, a profit-maximizing firm will expand output, so that marginal revenue falls as well.
- The opposite extreme in a market is monopoly, where one firm maximizes profits by exploiting the marginal revenue derived from demand.

单词	marginal revenue
释义	Definition of marginal revenue in English: marginal revenue noun mass nounEconomics The revenue gained by producing one additional unit of a product or service. the marginal revenue of carrying an individual passenger far exceeded marginal cost Example sentencesExamples The opposite extreme in a market is monopoly, where one firm maximizes profits by exploiting the marginal revenue derived from demand. The marginal revenue from lowering the price to grab additional Canadian customers would quickly be more than cancelled by the lost revenue due to Americans paying lower prices. If marginal cost falls, a profit-maximizing firm will expand output, so that marginal revenue falls as well. He was the sole price setter, free to set marginal revenue equal to marginal cost, and free to set price far above marginal cost. In a commodity system such as the beef industry, the unit price of the output is equivalent to marginal revenue. Definition of marginal revenue in US English: marginal revenue noun Economics The revenue gained by producing one additional unit of a good or service. the marginal revenue of carrying an individual passenger far exceeded marginal cost Example sentencesExamples He was the sole price setter, free to set marginal revenue equal to marginal cost, and free to set price far above marginal cost. The marginal revenue from lowering the price to grab additional Canadian customers would quickly be more than cancelled by the lost revenue due to Americans paying lower prices. In a commodity system such as the beef industry, the unit price of the output is equivalent to marginal revenue. If marginal cost falls, a profit-maximizing firm will expand output, so that marginal revenue falls as well. The opposite extreme in a market is monopoly, where one firm maximizes profits by exploiting the marginal revenue derived from demand.
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