rilyshack rilyshack

29-10-2020
Mathematics

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Explain the difference between total revenue and marginal revenue.

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amirrym28 amirrym28

29-10-2020

Answer:

Total revenue is the full amount of total sales of goods and services. It is calculated by multiplying the total amount of goods and services sold by their prices. Marginal revenue is the increase in revenue from selling one additional unit of a good or service.

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answersplz12 answersplz12

29-10-2020

Just saw the definition for both of them then your done

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