Complete the following table of a monopolistically competitive firm:
Output
(Units) Average Revenue
(Rs.) Total Revenue
(Rs.) Marginal Revenue
(Rs.)
1 20 $-$ $-$
2 $-$
36 $-$
3 $-$
$-$ 9
4 13
52 $-$
5 $-$
$-$ -2

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Solution

Output
(Units) Average Revenue
(Rs.) Total Revenue
(Rs.) Marginal Revenue
(Rs.)
1 20 20 20
2 18
36 16
3 15
45 9
4 13
52 7
5 10
50 -2

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