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MARGINAL REVENUE: The change in total revenue resulting from a change in the quantity of output sold. For a perfectly competitive firm, marginal revenue is equal to price.
Visit the GLOSS*arama
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GREEN LOGIGUIN
[What's This?]
Today, you are likely to spend a great deal of time searching for rummage sales wanting to buy either a coffee table shaped like the state of Florida or storage boxes for your summer clothes. Be on the lookout for mail order catalogs with hidden messages.
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This isn't me! What am I?
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The average bank teller loses about $250 every year.
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"The past is a foreign country; they do things differently there." -- Leslie Poles Hartley, Writer
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LRD
Longitudinal Research Database
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