Marginal Revenue (MR) Calculator





Formula

The formula used in the calculations is:

\[ \text{MR} = \frac{\Delta \text{TR}}{\Delta \text{Q}} \]

Description

This calculator computes the Marginal Revenue (MR) based on the input values of the change in total revenue (ΔTR) and the change in quantity (ΔQ). Marginal revenue is the additional revenue that a company generates by selling one more unit of a good or service.

Example Calculation

Let's assume the following:

Calculate the Marginal Revenue (MR):

\[ \text{MR} = \frac{500}{50} = 10 \]

Therefore, the Marginal Revenue (MR) is $10.