For example, suppose the price of a product is $10 and a company produces 20 units per day. The total revenue is calculated by multiplying the price...

For example, suppose the price of a product is $10 and a company produces 20 units per day. The total revenue is calculated by multiplying the price by the quantity produced. In this case, the total revenue is $200, or $10*20. The total revenue from producing 21 units is $205. The marginal revenue