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Question 115Asked in DSSSB TGT Computer Science, 24 Jun 2023, Shift 3 (4:30 PM)

Marginal revenue is calculated by

  1. Adividing the change in total output quantity by the change in total revenue
  2. Bdividing the change in total cost by the change in total output quantity
  3. Cdividing the change in total revenue by the change in total output quantity
  4. Ddividing the change in total revenue by the change in total profit
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Correct answer: (C) dividing the change in total revenue by the change in total output quantity

Explanation

Marginal revenue = change in total revenue ÷ change in quantity sold, that is, the extra revenue from one more unit.

From DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM)

This is question 115 of DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.