Investopedia / Laura Porter Businesses use marginal revenue to determine how much additional revenue they can earn for each additional unit of output produced and sold. Since the price a good can ...

the marginal revenue comes into play when you calculate the revenue of the 51st bat. If the total revenue for 51 bats is $505, then the marginal revenue of that extra unit is $5. It can be a ...

By doing so, management is able to set prices, assess alternative production techniques, determine production levels, and decide which products to manufacture of a variety of options. As a result of ...