Answer to Question #226775 in Economics for Pabi

Question #226775

A firm's marginal revenue (MR)

A. is equal to the total revenue divided by the quantity sold.
B. is equal to ΔTR/ΔQ.
C. is equal to (TR – TC)/Q.
D. is equal to the price of its product multiplied by the quantity sold.

Expert's answer

B. is equal to ΔTR/ΔQ.

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