From the table given below, calculate total revenue and marginal … - Vidyadip

Question

From the table given below, calculate total revenue and marginal revenue.

Units Sold	Average Revenue (₹)	Total Revenue (₹)	Marginal Revenue (₹)
3	8
4	7
5	6

[Hint: Average Revenue = Price]

✓

Answer

TR: 24, 28, 30; MR: -, 4, 2

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