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7 financial risks in business that could be worth millions
There are always risks in business, and there are many of them. Some cannot be…

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Seven laws of money or how to be friends with finances
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Virtual Assets Law: Help or Barrier?
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Why does a business need a fast payment system
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orange and apple

How to Find Marginal Revenue

According to basic economic principles, if a company lowers the price of its products, then that company can sell more products. However, this will generate less profit for each additional item sold. Marginal revenue is the increase in revenue from the sale of an additional unit of output. Marginal revenue can be calculated using a simple formula: Marginal revenue = (change in total revenue)/(change in units sold). Continue reading →

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