When owing to a unit change in output, total revenue increases by Rs.100, then marginal revenue will be:

Greater than Rs. 100

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Less than Rs. 100

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Equal to Rs. 100

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Equal to zero

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D Equal to Rs. 100
When owing to a unit change in output, total revenue increases by Rs.100, then marginal revenue will be equal to Rs 100 since Marginal revenue refers to the increment of total revenue owing to a unit change in output.

Suggest Corrections

Similar questions

Q. Complete the following table:

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

Q. Complete the following table:

Price (Rs.)	Output (Units)	Total Revenue (Rs.)	Marginal Revenue (Rs.)
$7$ - - $1$	- $2$ $3$ -	$7$ $10$ - -	- - $- 1$ $- 5$

The total revenue in Rupees received from the sale of x units of a product is given by R(x) = 5x² + 22x + 35. Find the marginal revenue, when x = 7, where by marginal revenue we mean the rate of change of total revenue with respect to the number of items sold at an instant.

Q. When average revenue is Rs.50 and output is equal to 15 units, total revenue will be:

Q. From the following total cost revenue schedule of a film, find out the level of output, using marginal cost and marginal revenue approach, at which the firm would be in equilibrium. Given reasons for your answer.

Output (units)	Total Revenue (Rs.)	Total Cost (Rs.)
1	10	8
2	18	15
3	24	21
4	28	25
5	30	33

Join BYJU'S Learning Program

When owing to a unit change in output, total revenue increases by Rs.100, then marginal revenue will be:

The correct option is D Equal to Rs. 100When owing to a unit change in output, total revenue increases by Rs.100, then marginal revenue will be equal to Rs 100 since Marginal revenue refers to the increment of total revenue owing to a unit change in output.

The correct option is D Equal to Rs. 100
When owing to a unit change in output, total revenue increases by Rs.100, then marginal revenue will be equal to Rs 100 since Marginal revenue refers to the increment of total revenue owing to a unit change in output.