Definition of Marginal revenue:
Increase in the gross revenue of a firm produced by selling one additional unit of output.
The revenue gained by producing one additional unit of a good or service.
How to use Marginal revenue in a sentence?
- If all you have been able to come up with recently is marginal revenue it may be time to try out a new venture.
- If you are only having marginal revenue you may need to try and come up with some ways to grow your profits quicker.
- The marginal revenue of carrying an individual passenger far exceeded marginal cost.
- Selling one more unit of their latest smartphone model -- or one less -- really made no difference in the bottom line and amounted to nothing more than marginal revenue for the troubled tech company.
Meaning of Marginal revenue & Marginal revenue Definition