Question discussion

Marginal revenue is calculated by ______.

3680Medium DSSSB TGT Computer Science 0 replies

Marginal revenue is calculated by ______.

  • Adividing the change in total output quantity by the change in total revenue
  • Bdividing the change in total cost by the change in total output quantity
  • Cdividing the change in total revenue by the change in total output quantity
  • Ddividing the change in total revenue by the change in total profit
Correct answer: C

Explanation

Marginal revenue = change in total revenue ÷ change in total output quantity.

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