The addition to the total revenue by the sale of an additional unit is:

Related MCQs

• Total Revenue is the maximum when Marginal Revenue is ----------
• When both average and total product are greater than zero, and marginal product equals average product, then total product:
• Average revenue is :
• Average Revenue curve under monopoly is :
• Average Revenue is equal to:
• Change in utility resulting from one unit change in consumption is called:
• The marginal product of labor curve shows the change in total product resulting from:
• When the total product curve is falling, the:
• When marginal product reaches its maximum, what can be said of total product?
• If you know that with 8 units of output, average fixed cost is Rs. 12.50 and average variable cost is Rs. 81.25, then total cost at this output level is: