Marginal Revenue
Version 1.0.0 · Updated 2026-07-30
CORE DEFINITION
The additional revenue obtained from selling one more unit of a product.
SCAFFOLDING EFFECT
Reduce cognitive load
Pricing and output decisions. Compare with marginal cost to determine optimal output.
Anchor fast decisions
Marginal revenue is the increment in revenue from selling one more unit, which typically diminishes as sales volume increases, and serves as the basis for determining output and pricing.
MINIMUM ACTION
In progress 0/4Practice this model in one real situation:
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Source support: Explicit
- en.wikipedia.orghttps://en.wikipedia.org/wiki/Marginal_revenueverified
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