Asked by
KRISTIAN ELVIN VALENZUELA
on Nov 07, 2024
Verified
The change in revenue that occurs when one more unit of output is sold is called the _____ revenue.
A) Marginal.
B) Average.
C) Total.
D) Fixed.
E) Variable.
Marginal Revenue
The additional revenue that a company generates by selling one more unit of a product.
- Understand the role of contribution margin in financial decision-making processes.
Verified Answer
KW
Learning Objectives
- Understand the role of contribution margin in financial decision-making processes.
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