What is the best definition of marginal revenue? the possible income from producing an additional item the price of producing one additional unit of a good the additional income gained from selling an additional good the financial gain from business activity minus expenses?

Correct answer choice is :

Marginal revenue is the supplementary revenue that will be produced by increasing product sales by one unit. It can also be expressed as the unit revenue the last item sold has created for the firm. A company determines marginal revenue by dividing the change in total revenue by the change in total output amount.

the additional income gained from selling an additional good

Marginal revenue is the additional revenue that will be generated by increasing product sales by one unit. It is the unit revenue the last item sold has generated for the firm