Total Revenue will be maximum at the point where Marginal Revenue is

Related MCQs

• Marginal revenue is ………….at the quantity that generate maximum total revenue and negative beyond that point.
• So long as Average Revenue is falling, Marginal Revenue will be …………. Average Revenue
• …….. principle is closely related to the marginal costs and marginal revenue of economic theory
• ………..principle is closely related to the marginal costs and marginal revenue of economic theory
• ……….. Measures the differences between the new total revenue and existing total revenue
• When marginal product reaches its maximum, what can be said of total product?
• ………….. is the change in total revenue irrespective of changes in price or due to the effect of managerial decision on revenue
• Where Marginal revenue is negative, TR will be …………..
• The marginal revenue equation can be derived from the:
• Whenever marginal cost is more than …………average total cost is falling: