If output increases from 60 units to 70 units, leading to an increase in total revenue from 100 to 120. What is the marginal revenue?
CA Foundation · Business Economics · PYQS · January 2026
If output increases from 60 units to 70 units, leading to an increase in total revenue from 100 to 120. What is the marginal revenue?
Suggested Answer and Working Notes:
Correct Answer: Option (D)
D. 2
Topics: Price Determination in Different Markets
Related Questions in this Topic
- Price determination differs across markets mainly due to:
- For a discriminating monopolist, price discrimination depends mainly on:
- Which of the following is not a condition of perfect competition?
- When we know that the firms must be producing at the minimum point of the average cost curve and so there will be produc...
- Which market form best reflects real-world product differentiation?