Average Revenue is equal to:

Related MCQs

• Total Revenue is the maximum when Marginal Revenue is ----------
• Average revenue is :
• Average Revenue curve under monopoly is :
• 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:
• With fixed costs of Rs. 400, a firm has average total costs of Rs. 3 and average variable costs of Rs. 2.50. Its output is:
• When both average and total product are greater than zero, and marginal product equals average product, then total product:
• Marginal costs and average variable costs are equal when
• The addition to the total revenue by the sale of an additional unit is:
• If the demand curve is linear and negatively sloped, the marginal revenue curve has a slope:
• If a firm’s average cost is Rs.32 at 6 units of output and Rs.34 at 7 unit, which one among the following is the marginal cost of producing the 7th unit