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If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will be
- a)Rs. 59.62
- b)Rs. 50.00
- c)Rs. 60.00
- d)Rs. 59.80
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 aft...
The marginal revenue (MR) is calculated as the change in total revenue divided by the change in quantity sold. In this case, the total revenue changes from Rs. 3,000 to Rs. 3,100 as the quantity sold increases from 50 to 52 units. Therefore, the marginal revenue is (3,100 - 3,000) / (52 - 50) = Rs. 50.00. The correct answer is indeed option 2.
Most Upvoted Answer
If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 aft...
Marginal revenue is the change in total revenue when an additional unit is sold.
Given data:
Selling price of 50 units = Rs. 3,000
Selling price of 52 units = Rs. 3,100
To find marginal revenue, we need to find the change in total revenue for selling two additional units.
Change in total revenue = Total revenue for 52 units - Total revenue for 50 units
= Rs. 3,100 - Rs. 3,000
= Rs. 100
Marginal revenue = Change in total revenue / Number of additional units sold
= Rs. 100 / 2
= Rs. 50
Therefore, the correct answer is option B, Rs. 50.
Given data:
Selling price of 50 units = Rs. 3,000
Selling price of 52 units = Rs. 3,100
To find marginal revenue, we need to find the change in total revenue for selling two additional units.
Change in total revenue = Total revenue for 52 units - Total revenue for 50 units
= Rs. 3,100 - Rs. 3,000
= Rs. 100
Marginal revenue = Change in total revenue / Number of additional units sold
= Rs. 100 / 2
= Rs. 50
Therefore, the correct answer is option B, Rs. 50.
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Community Answer
If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 aft...
Mr = change in tr /change in units sold so, mr = 3100-3000/52-50 100/2=50
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If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer?
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If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer?.
If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer?.
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If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer?, a detailed solution for If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of If a seller obtains Rs. 3,000 after selling 50 units and Rs. 3,100 after selling 52 units, then marginal revenue will bea)Rs. 59.62b)Rs. 50.00c)Rs. 60.00d)Rs. 59.80Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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