"marginal" in inglés with examples - Collocation dictionary inglés
- The profit-maximizing policy involves setting marginal revenue equal to marginal cost.
- When an increase in output by one firm lowers the marginal revenues of the other firms, production decisions are strategic substitutes.
- This is because it focuses on maximizing expected marginal revenue for a given operation and planning horizon.
- Output is set where marginal cost equals marginal revenue.
- In the long run a firm operates where marginal revenue equals long-run marginal costs.
- When the Panic of 1893 hit, demand fell and along with demand, the firm's marginal revenue fell as well.
- In a simple case of a single product, price is set at that quantity demanded where marginal cost exactly equals marginal revenue.
- The slope of the total revenue function is marginal revenue.
- Again, the trick is to work out the net marginal revenue at the required level of activity and charge a transfer price equal to that.
- The relationship between marginal revenue and the elasticity of demand by the firm's customers can be derived as follows:
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