--%>
Assignment Help - homework help

Define marginal revenue

Marginal revenue: This is the change in total revenue by selling one more or a lesser amount of unit of commodity.

   Related Questions in Microeconomics

  • Q : About greatest economy Does Europe and-

    Does Europe and- USA or China have the greatest economy?

    		•
  • Q : Interdependent decisions of oligopolies

    Industries dominated by some large firms whose decisions are interdependent are: (1) oligopolies. (2) monopolies. (3) cartels. (4) monopsonies. Please choose the right answer from above...I want your suggestion for the same.

    		•
  • Q : Discrimination problem When racial or

    When racial or personal or sex discrimination decreases worker’s mobility across the occupations: (1) Workers will be completely compensated for their opportunity costs. (2) Economic rent is more probable to be earned by such who are not discriminated against. (

    		•
  • Q : Determine relatively price elasticity

    A price elasticity of demand of 2.0 implies that at that point, the demand curve is: (w) income elastic. (x) relatively price elastic. (y) relatively price inelastic. (z) unitarily price elastic. I need a good answ

    		•
  • Q : Total variable cost By refering the

    By refering the following data give the answer of this question . The total variable cost of producing 5 units is: A) $61. B) $48.  C) $37. D) $24. </span

    		•
  • Q : Movement of Supply Curve towards up and

    The rise in the price of Pepsi will effect a: (1) Shift of the supply curve of Coke to left. (2) Shift of the supply curve of Pepsi to right. (3) Movement downwards all along the supply curve of Coke. (4) Movement up and to right all along the supply curve of Pepsi.

    		•
  • Q : Ordinal utility In economics, what is

    In economics, what is ordinal utility and what are its assumptions

    		•
  • Q : Importance of study of the model of

    The study of the model of pure competition is very significant since this: (w) explains the behavior of most U.S. firms. (x) gives the underpinnings for supply and demand. (y) helps explain why government economic policy is essential. (z) gives a rati

    		•
  • Q : Help In the quintile distribution of

    In the quintile distribution of income, the term "quintile" represents

    		•
  • Q : Market power and excess capacity A

    A monopolist which does not price discriminate cannot concurrently maximize profit and: (w) charge a price equal to marginal cost. (x) minimize average cost. (y) charge a price equal to minimum average cost. (z) produce only zero econ

    		•