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单词 marginal revenue
释义

marginal revenue

noun [mass noun] Economics
The revenue gained by producing one additional unit of a product or service: the marginal revenue of carrying an individual passenger far exceeded marginal cost...
  • In a commodity system such as the beef industry, the unit price of the output is equivalent to marginal revenue.
  • If marginal cost falls, a profit-maximizing firm will expand output, so that marginal revenue falls as well.
  • He was the sole price setter, free to set marginal revenue equal to marginal cost, and free to set price far above marginal cost.
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更新时间:2025/3/26 19:26:55