A restaurant sells a large soft drink at a fixed price of $1.79.What is the term used by economists to describe the money received from the sale of an additional large soft drink?
A)Marginal revenue
B)Gross earnings
C)Pure profit
D)Net benefit

Question

Quizplus · Accepted Answer

The term used by economists to describe the money received from the sale of an additional unit is called marginal revenue. In this case, the marginal revenue from selling an additional large soft drink would be $1.79.

A Restaurant Sells a Large Soft Drink at a Fixed