Question

AR (Average Revenue) at 5 units of output is Rs 100. TR at 6 units of output is Rs 560.

The value of MR (Marginal Revenue) at 6 units of output will be : (in Rs)​

Answer 1

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Answer 2

Answer:

60 is the answer.

Explanation:

AR at 5unit=100

TR=AR×Q

TR=5×100

TR=500

TR at 6 units is given =560

MR=∆TR÷∆Q

∆TR= 560-500

= 60

∆Q=6-5

=1

MR = ∆TR÷∆Q

= 60÷1

= 60 answer