In a monopoly, marginal revenue is:

Related MCQs

• In the short run, a monopolist will shut down if it is producing a level of output where marginal revenue is equal to short-run marginal cost and price is:
• When the total revenue functions is R = 100−X2, the marginal revenue is :
• A profit-maximizing monopoly firm with a demand curve P = 50 − Q is a perfect pricediscriminator. If it has marginal costs of Rs. 10/unit and fixed costs of Rs. 30, it will produce _____ units of output and will make______ profit.
• If the demand curve for a monopolist is P = 100 -20Q, then the marginal revenue of that firm is given by the equation:
• In monopoly, when the demand curve is elastic, MR is:
• In monopoly, if p = Rs. 10 at the point on the demand curve where η = 0.5, MR is:
• In the Keynesian linear consumption function Y=β1+β2X, the marginal propensity to consume is
• For a utility function u = xy + 3x + 4y, marginal utility of good x is:
• If u = xn is total utility, the functions of marginal utility u will be:
• The cost per output is given by C = 2x + 27. Then the marginal cost when x = 5 is: