Marginal Revenue - Marginal Revenue Curve

Marginal Revenue Curve

The marginal revenue curve is affected by the same factors as the demand curve - changes in income, change in the prices of complements and substitutes, change in populations. These factors can cause the R curve to shift and rotate.

Read more about this topic:  Marginal Revenue

Famous quotes containing the words marginal, revenue and/or curve:

    If the individual, or heretic, gets hold of some essential truth, or sees some error in the system being practised, he commits so many marginal errors himself that he is worn out before he can establish his point.
    Ezra Pound (1885–1972)

    Happy are those who find wisdom, and those who get understanding, for her income is better than silver, and her revenue better than gold. She is more precious than jewels, and nothing you desire can compare with her. Long life is in her right hand; in her left hand are riches and honor. Her ways are ways of pleasantness, and all her paths are peace. She is a tree of life to those who lay hold of her; those who hold her fast are called happy.
    Bible: Hebrew, Proverbs 3:13-18.

    The years-heired feature that can
    In curve and voice and eye
    Despise the human span
    Of durance—that is I;
    The eternal thing in man,
    That heeds no call to die.
    Thomas Hardy (1840–1928)