Assume that when price is ₹ 30 the quantity demanded is 19 units and when price is ₹ 28 the quantity demanded is 20 units, what is the marginal…
CA Foundation · Business Economics · PYQS · May 2025
Assume that when price is ₹ 30 the quantity demanded is 19 units and when price is ₹ 28 the quantity demanded is 20 units, what is the marginal revenue resulting from an increase in output from 19 units to 20 units ?
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. - ₹ 10
Topics: Price Determination in Different Markets
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