मराठी

Identify the correctly matched statements from Column I to that of Column II: Column I Column II 1. Total revenue (a) Sum of marginal revenues 2. MC > ATC (b) Stage III

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प्रश्न

Identify the correctly matched statements from Column I to that of Column II:

Column I Column II
1. Total revenue (a) Sum of marginal revenues
2. MC > ATC (b) Stage III
3. MP is negative. (c) Qx = f(L, K)
4. Production Function (d) ATC must rise.

पर्याय

  • 1 - a

  • 2 - b

  • 3 - c

  • 4 - d

MCQ
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उत्तर

1 - a

Explanation:

Total revenue is equal to the sum of marginal revenue, i.e. TR = ∑MR.

To put it another way, MR is calculated like this:

MR = TRn - TRn - 1

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