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 ----------
• 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
• When both average and total product are greater than zero, and marginal product equals average product, then total product:
• If in an economy, out of every additional Rs.100 of national income, Rs.20 is taxed, Rs.20 is saved, and Rs.10 is spent on imports, then the value of multiplier is:
• Average revenue is :
• Average Revenue curve under monopoly is :
• Average Revenue is equal to:
• If the demand curve is linear and negatively sloped, the marginal revenue curve has a slope:
• Why do not the sale or purchase of used goods are not included in the GDP?
• Change in utility resulting from one unit change in consumption is called: