Question

When 5 units of a goods sold total revenue is 100 when 6 units are sold marginal revenue is 8 at what price 6 units will be sold

Answer 1

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When 5 units of a goods are sold, total revenue is Rs.100. When 6 units are sold, marginal revenue is Rs.8. At what price are 6 units sold? (Choose the correct alternative)

(a) Rs.28 per unit

(b) Rs.20 per unit

(c) Rs.18 per unit

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c) Rs. 18 per unit

Answer 2

(a) ₹28 per unit

(b)₹20 per unit

(c)₹18 per unit

Answer :-

{c}₹18 per unit ✓