--%>
Assignment Help - homework help

Change in total revenue by selling additional unit of output

Marginal revenue, which is: (w) the change in total revenue from selling an additional unit of output. (x) the change in total revenue from hiring an additional unit of labor. (y) computed as TR/Q. (z) specified by change in Q / change in TR.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Law of demand is price in the law of

    is price in the law of demand an absolute or relative price

    		•
  • Q : Greatest strategy for maximizing profit

    Monsieur Cournot contains a monopoly on an artesian well from that flows tasty spring water reputed to have medicinal properties. To ignore incurring any variable costs, he is adamants that customers bring their own pails also fill th

    		•
  • Q : Marginal Productivity Theory of Income

    The income distribution into a market economy is primarily found by differences within: (1) effort and sacrifice alone. (2) resource ownership and resource prices. (3) birth and social standing. (4) Lorenz coefficients. (5) political

    		•
  • Q : Needs firm by maximizing profits for

    Maximizing profit needs every firm to manufacture the output level where marginal is: (i) revenue is maximized. (ii) cost equals the lowest possible  average total cost. (iii) revenue equals marginal cost. (iv) revenue exceeds ma

    		•
  • Q : Propensity to consume Propensity to

    Propensity to consume: This exhibits the level of consumption at various levels of income in the economy.

    		•
  • Q : Prospective financial investment by

    Assets turn into less desirable to prospective financial investors while: (w) they become more liquid. (x) interest rates increase. (y) their prices go up. (z) default risks decrease. How can I solve my Eco

    		•
  • Q : Kinds of economic capital All kinds of

    All kinds of economic capital: (w) require construction of machines and buildings. (x) represent money. (y) are forms of output used for further production. (z) yield profit for their owners. Hello guys I want your

    		•
  • Q : Monopsony how do you determine

    how do you determine equilibrium for nurses in a monopsony

    		•
  • Q : Law of demand is the price in the "law

    is the price in the "law of demand" a relative price or an absolute price

    		•
  • Q : Problem on market demand for chewing gum

    The market demand for the chewing gum is as: QG = 300 – 40PG – 8PS + 0.05IHere:QG = Quantity of gum demandedPG = price of gumPS = price of sodaI = average inc

    		•