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MICROECONOMICS CH : 9 CONCEPT OF REVENUE — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 9 CONCEPT OF REVENUE1 Mark
Question
What is meant by marginal revenue?
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Answer

Marginal revenue is the addition to total revenue on account of sale of one more unit of output.

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