19
QuizMultiple Choice

Profit — Quiz

Question 19 • Personal Finance and Economics

What is the best definition of marginal revenue?

Answer
A
the additional income gained from selling an additional good
B
the price of producing one additional unit of a good
C
the possible income from producing an additional item
D
the financial gain from business activity minus expenses

Explanation

Marginal revenue is the additional revenue a business earns by selling one more unit of a good. That matches “the additional income gained from selling an additional good.” The cost of producing one more unit is marginal cost, not marginal revenue.

AI-written and checked against the verified answer.

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