is the added revenue associated with the sale of one more unit of output. The marginal revenue product (MRP) of any resource input is the extra revenue the firm gains by using one more unit of the input, holding other inputs constant. The marginal tax rate is the rate paid on each additional dollar earned from an activity. The marginal utility of a good is the additional satisfaction a consumer derives from consuming one additional unit of that good.
Marginal revenue is the change in total revenue received from selling one additional unit of the good or service. It is calculated as the change in total revenue divided by the change in quantity sold.
In microeconomics, Marginal Revenue (MR) is the extra revenue that an additional unit of product will bring a firm. It can also be described as the change in total revenue/change in number of units sold.