If the total revenue received by selling 10 units of output is Rs. 200 and by selling 11 units of output
is Rs. 225, then what will be the value of Marginal revenue of 11th unit of output?
(a) Rs. 200 (b) Rs. 425 (c) Rs. 225 (d) Rs. 25
Answers
Answered by
2
Answer:
225 is the 11th unit of output
Explanation:
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Answered by
2
Explanation:
MR = TRn-TRn-1
MR = 225-200
MR = 25
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