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Why is marginal revenue more important than the average revenue?

asked
User Ameet
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1 Answer

9 votes

Answer:

it measures increases in revenue from selling more products and services

Step-by-step explanation:

Marginal revenue follows the law of diminishing returns, which states that any increases in production will result in smaller increases in output.

answered
User Rudy Lattae
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7.8k points

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