CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Finding Discounts

From the tabl...

Question

From the table given below, calculate total revenue, average revenue, and marginal revenue.
Units Sold Price (Rs.) Total Revenue (Rs.) Marginal Revenue (Rs.)
$5$
$4$
$3$ $6$
$7$
$8$ -
-
- -
-
-

Open in App

Solution

Rewrite the table as follows.
Units Sold Price (Rs.) Total Revenue (Rs.) Marginal Revenue (Rs.)
$3$
$4$
$5$ $8$
$7$
$6$ $24$
$28$
$30$ -
$4$
$2$

Suggest Corrections

thumbs-up

3

Similar questions

Q. Find out the average revenue and marginal revenue on the basis of the following data:

Units of Production	Total Revenue (Rs.)	Average Revenue (Rs.)	Marginal Revenue (Rs.)
$1$ $2$ $3$ $4$ $5$ $6$ $7$	$20$ $36$ $48$ $56$ $60$ $60$ $56$	-	-

Q. Complete the following table:

Output (Units)	Price (Rs.)	Total Revenue (Rs.)	Marginal Revenue (Rs.)
- - - -	$10$ $7$ $5$ $3$	- - - -	$10$ $4$ $1$ $- 3$

Q. Complete the following table:

Output (Units)	Price (Rs.)	Marginal Revenue (Rs.)	Total Revenue (Rs.)
$1$ $2$ $3$ $4$	- - $22$ -	$30$ - - $6$	- $52$ - -

Q. Complete the following table:

Output (Units)	Average Revenue (Rs.)	Marginal Revenue (Rs.)	Total Revenue (Rs.)
$1$ $2$ $3$ $4$	- - $11$ -	$15$ - - $3$	- $26$ - -

Q. Complete the following table:

Units of Output	Total Revenue (Rs.)	Average Revenue (Rs.)	Marginal Revenue (Rs.)
$1$ $2$ $3$	- - -	$10$ $8$ $6$	- - -

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Finding Discounts

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Finding Discounts

Standard VIII Mathematics

Join BYJU'S Learning Program

CrossIcon