Download App

MICROECONOMICS CH : 9 CONCEPT OF REVENUE — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 9 CONCEPT OF REVENUE1 Mark
MCQ
Select the correct equation:
  • A
    $TR =\Sigma AR$
  • ✓
    $MR =\frac{\Delta TR }{\Delta Q }$
  • C
    $TR =\frac{ AR }{\text { Total Output }}$
  • D
    $AR = TR \times$ Total Output
✓

Answer

Correct option: B.
$MR =\frac{\Delta TR }{\Delta Q }$
(b)

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from MICROECONOMICS CH : 9 CONCEPT OF REVENUE→MICROECONOMICS CH : 9 CONCEPT OF REVENUE — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Find out Karl Pearson’s coefficient of correlation in the following series relating to prices and demand of a commodity.
Price (Rs.)11121314151617181920
Demand30292925242424211815
→
Patent is:
→
Economic problem arises due to
→
The average product of labour is maximized when marginal product of labour:
→
$.........$ is a situation of the market in which demand for a commodity is exactly equal to its supply corresponding to a particular price.
→
Firm's AR curve is the same as:
→
Which of the following is not true about the relationship between TR and MR?
→
A rightward shift in supply curve shows:
→
Diagrammatic presentation of consumer's indifference set is called:
→
The supply of a good refers to:
→