Question

If the total revenue of a firm increases by 45000 due to an increase in sale of good X from 50 units to 65units then what will the marginal revenue

Answer 1

Answer:

The Marginal Revenue is estimated as Rs  3000.00.Calculation :The Marginal Revenue: Marginal revenue is the additional revenue and is generated by means of increasing sales. This increase in Sales is taken is considered an increase by one unit. Therefore, Total increase in revenue =Rs  45000.00. Say, Increase in sales of good , X = 65 - 50 = 15 unit. The increase in revenue for 15 units = Rs 45000.00.Therefore, increase in revenue for 1 unit  = 45000 / 15  = Rs 3000.00. So per unit increase in Revenue =Rs  3000.00. The Marginal Revenue = Rs 3000.00.

Answer 2

Answer:

3000

Explanation:

45000/15

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