Question

Q 5: If a seller gets ₹ 10,000 by selling 100 units and ₹ 14,000 by selling 120 units, then marginal

revenue is (1)

a. ₹ 4,000 b. ₹ 450 c. ₹ 200 d. ₹ 100
​

Answer 1

Answer

A-4000

Explanation

10000-14000=4000अतरिक्त

Answer 2

SOLUTION

TO CHOOSE THE CORRECT OPTION

If a seller gets ₹ 10,000 by selling 100 units and ₹ 14,000 by selling 120 units, then marginal revenue is

a. ₹ 4,000

b. ₹ 450

c. ₹ 200

d. ₹ 100

EVALUATION

Here it is given that

The seller gets ₹ 10,000 by selling 100 units

Again The seller gets ₹ 14,000 by selling 120 units

So Change in total revenue

= ₹ ( 14000 - 10000 )

= ₹ 4000

Now Change in number of quantity

= ( 120 - 100 ) units

= 20 units

Hence Marginal revenue

$\displaystyle \sf{ = \frac{Change \: \: in \: total \: revenue }{Change \: in \: number \: of \: quantity} }$

$\displaystyle \sf{ = \frac{4000}{20} }$

$= 200$

Hence Marginal Revenue = ₹ 200

FINAL ANSWER

The correct option is c. ₹ 200

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