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marginal revenue
marginal revenue
Danh từ
This term is a technical expression used primarily in economics and business accounting to describe the change in total revenue resulting from the sale of a single additional unit. It is a critical component of profit maximization strategies, as firms typically aim to produce up to the point where marginal revenue equals marginal cost.
Because it refers to a specific financial metric, it is treated as an uncountable noun. It does not refer to a physical object but to a calculated value or a conceptual rate of change, meaning it is never pluralized in standard economic discourse.
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Từ liên quan
economicsrevenueprofitcostmarginal costmarginal utilitypricequantitydemandsupplymarketmonopolyoligopolycompetitionequilibriumproductionoutputincomeearningsmarginalismderivativecalculusslopecurvedemand curvesupply curveoptimizationincentiveelasticityprice elasticitymarginal productvariable costfixed costoverheadmarginsurplusdeficitallocationefficiencyutilityconsumerproducerfirmenterpriseindustrycommercetradetransactionunitincrementchangerateratiovaluationpricingstrategyforecastanalysismodeltheorymicroeconomicsmacroeconomicsbudgetcash flowreturn on investmentbreak even pointscaleeconomy of scaleresourcescarcityopportunity cost