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If a seller gets ₹ 10,000 by selling 100...

If a seller gets ₹ 10,000 by selling 100 units and ₹ 14,000 by selling 120 units, his Marginal Revenue is

A

₹ 4,000

B

₹ 450

C

₹ 200

D

₹ 100

Text Solution

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The correct Answer is:
c
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SANDEEP GARG-REVENUE -MULTIPLE CHOICE QUESTIONS
  1. What happens to TR when MR is positive ?

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  2. When total revenue is constant, what will be the effect on average rev...

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  3. If TR curve is a horizontal straight line parallel to the X-axis, then...

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  4. When the rate of fall in MR is more than fall in AR :

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  5. If a firm's total revenue curve takes the form of a straight line whic...

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  6. At any given level of a firm's output, marginal revenue is the revenue...

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  7. Marginal revenue refers to :

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  8. At a price of ₹ 20, 15 units are sold and at price of ₹ 19, 16 units ...

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  9. If TR = Total Revenue and Q = Quantity sold, then TR div Q refers to ...

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  10. If total revenues is ₹ 1,00,000 when 20,000 units are sold, then avera...

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  11. If a seller gets ₹ 10,000 by selling 100 units and ₹ 14,000 by selling...

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  12. When price falls with rise in output, then as quantity sold increases ...

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  13. When 5 units of a good is sold, total revenue is ₹ 100. When 6 units a...

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  14. The relationship between AR and MR depicted in the following diagram i...

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  15. Which of the following diagram correctly depicts the relation between ...

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  16. Suppose total revenue is rising at a constant rate as more and more un...

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  17. A firm is able to sell any quantity of a good at a given price. The fi...

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  18. A firm is able to sell more quantity of a good only by lowering the pr...

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  19. Average revenue equals : (Choose the correct alternative)

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  20. Let TR be total revenue, Q be quantity of output, and 'n' the number o...

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