Match these formulas to the correct term (some terms may have multiple definitions, but only one of them will appear in this list).
-
Marginal Cost
[Total] Revenue
Average Revenue
Average Cost
Average Proft
[Total] Profit
Marginal Profit
T
C
(
q
+
1
)
−
T
C
(
q
)
\displaystyle {T}{C}{\left({q}+{1}\right)}-{T}{C}{\left({q}\right)}
T
C
(
q
+
1
)
−
T
C
(
q
)
-
Marginal Cost
[Total] Revenue
Average Revenue
Average Cost
Average Proft
[Total] Profit
Marginal Profit
T
R
(
q
)
−
T
C
(
q
)
\displaystyle {T}{R}{\left({q}\right)}-{T}{C}{\left({q}\right)}
T
R
(
q
)
−
T
C
(
q
)
-
Marginal Cost
[Total] Revenue
Average Revenue
Average Cost
Average Proft
[Total] Profit
Marginal Profit
T
R
q
\displaystyle {\frac{{{T}{R}}}{{{q}}}}
q
T
R
-
Marginal Cost
[Total] Revenue
Average Revenue
Average Cost
Average Proft
[Total] Profit
Marginal Profit
P
q
\displaystyle {\frac{{{P}}}{{{q}}}}
q
P
-
Marginal Cost
[Total] Revenue
Average Revenue
Average Cost
Average Proft
[Total] Profit
Marginal Profit
P
′
(
q
)
\displaystyle {P}'{\left({q}\right)}
P
′
(
q
)
-
Marginal Cost
[Total] Revenue
Average Revenue
Average Cost
Average Proft
[Total] Profit
Marginal Profit
T
C
q
\displaystyle {\frac{{{T}{C}}}{{{q}}}}
q
T
C
-
Marginal Cost
[Total] Revenue
Average Revenue
Average Cost
Average Proft
[Total] Profit
Marginal Profit
p
⋅
q
\displaystyle {p}\cdot{q}
p
⋅
q
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