# How to figure out marginal revenue?

#### Understand the Problem

The question is asking how to calculate marginal revenue, which involves understanding how revenue changes with the sale of an additional unit of a good or service.

Marginal revenue is calculated by dividing the change in total revenue (ΔTR) by the change in quantity sold (ΔQ). The formula is MR = ΔTR / ΔQ.

The final answer is the marginal revenue is calculated by dividing the change in total revenue (ΔTR) by the change in quantity sold (ΔQ). The formula is MR = ΔTR / ΔQ.

The final answer is the marginal revenue is calculated by dividing the change in total revenue (ΔTR) by the change in quantity sold (ΔQ). The formula is MR = ΔTR / ΔQ.

Marginal revenue helps companies understand how much additional income they earn from selling one more unit of a product. This information is crucial for making pricing and production decisions.

#### Tips

Common mistakes include not accurately computing the change in total revenue or the change in quantity sold. Ensure you use the correct figures for initial and final values.

#### Sources

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