If a nondiscriminating imperfectly competitive firm is selling its 80th unit of output for $40, its marginal revenue: will be less than $40
To calculate the marginal revenue, a corporation divides the trade in its general sales via the trade of its total output amount. Marginal sales are equal to the selling rate of an unmarried additional object that becomes bought. beneath is the marginal sales formula: Marginal sales = trade in revenue/alternate in amount.
The marginal price of production and marginal revenue are economic measures used to decide the amount of output and the charge in line with a unit of a product that will maximize earnings
Marginal revenue is the additional profits generated from the sale of 1 extra unit of a great or provider. it can be calculated by evaluating the full revenue generated from a given wide variety of income (e.g. 11 devices), and the total sales generated from selling one more unit (i.e. 12 gadgets)
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