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Marginal Revenue Marginal Cost Marginal Profit

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mroldridge

Marginal = DERIVATIVE.
Marginal Revenue is the extra $ brought in by selling/producing exactly one more unit
Marginal Cost is the extra $ lost by selling/producing exactly one more unit
Marginal Profit is the difference between these two ... it's the $ made (revenue minus costs) from selling/producing one more unit.

posted by nakosmatics