Tough measures or how to make adjustments to the work of the company
In response to this statement, one can object that the company is the people working…

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How to start a crayfish farming business
One common form of small business is selling beer. In Russia, they especially like a…

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How to calculate debt service payments
Debt service is the periodic (usually annual) payment of accrued interest and part of the…

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How to become a millionaire
Many people dream of becoming a millionaire, but not many try to achieve this specific…

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revenue values

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

Seven laws of money or how to be friends with finances
Do you want to become financially free and prosperous? Have you thought about your relationship…

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How to conduct market research
Marketing research is carried out by both future entrepreneurs and actual businessmen in order to…

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How to conduct business process analysis
A business process is a system that a company uses to achieve a goal. Also,…

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