The slope of a tangent to any point on the total revenue curve shows ________.

marginal revenue

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average revenue

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price per unit

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none of the above

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Solution

The correct option is D marginal revenue
The slope of a tangent to any point on the total revenue curve shows marginal revenue. Marginal revenue is the rate of the total revenue..Marginal revenue is the change in total revenue when one more unit of a commodity is sold.
MR= change in TR/change in quantity sold

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