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Sagot :
If a perfectly competitive firm sells 300 units of output at a market price of $1 per unit, its marginal revenue is $1.
Marginal sales (or marginal benefit) is a valuable concept in microeconomics that describes the extra overall sales generated via increasing product income by 1 unit. To derive the price of marginal revenue, it is required to examine the difference among the combination benefits a company received from the quantity of a terrific and service produced last length and the modern-day length with one greater unit growth in the rate of production.
Marginal revenue is a fundamental device for financial decision-making inside a firm's place, collectively with marginal value to be taken into consideration.
Learn more about marginal revenue here: https://brainly.com/question/13444663
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