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Study Notes

Marginal profit

Level:
A-Level
Board:
AQA, Edexcel, OCR, IB

Last updated 22 Mar 2021

Marginal profit is the increase in profit when one more unit is sold or the difference between MR and MC. If MR = £20 and MC = £14 then marginal profit = £6

Diagram to illustrate marginal profit

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