Marginal Revenue, Change in Revenue Calculation
(Step by step calculation)
Marginal Revenue Calculator
It Calculates the revenue one earns by a sale of an addition unit than normal.
Step by step calculation
Marginal Revenue Formula :
Change in Total Revenue = (New Selling Price x Baked Volume) - (Selling Price x Baked Volume)
Marginal Revenue = Change in Total Revenue / Change in Quantity Sold