Question

1. A firm can sell more output at the same price Rs. 10. What will be the MR by selling 20th unit?
a. Rs.2
b. Rs.200
Rs. 210 d. Rs. 10​

Answer 1

Answer:

option drs 10 is right answer

Explanation:

please mark as brainliest

Answer 2

Answer:

A firm can sell more output at the same price Rs. 10. What will be the MR by selling 20th unit?

a. Rs. 2

b. Rs. 200

C. Rs. 210

d. Rs. 10​

The correct option is OPTION C. Rs.200

Explanation:

Marginal Revenue refers to increase in revenue on sale of one extra or additional unit of product/output over a certain level.

Marginal Revenue follows the law of diminishing return.

Marginal Revenue = Quantity × Price where

Price = Rs.10 and Quantity = 20

Hence Marginal revenue = 20 × 10 = Rs. 200

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