Doğan, Ebül Muhsin
March 2003
Ekev Academic Review;Spring2003, Vol. 7 Issue 15, p281
Academic Journal
Marginal revenue is a function of the amount of the good and services firms supply. Marginal revenue-marginal cost equality is one of the basic criteria that firms take into account to making a decision on production. However, it is not valid when price elasticity of demand is one and zero. In such a situation marginal revenue is examined and how a firm makes production decision is argued in this study.


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