Average and Marginal Revenue

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Average and Marginal Revenue: Overview

In this topic, we will get information about average and marginal revenue. We will discuss the ways of finding these revenues. Moreover, we will deal with some illustrative examples related to these concepts.

Important Questions on Average and Marginal Revenue

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The demand function of a monopolies is given by x = 100 -4p. The quantity at which MR=0 will be

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The total revenue by selling 20 sets is 36000. Determine the average revenue.

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The total revenue in rupees received from the sale of x units of a product is given by Rx=400x-x24. Find marginal revenue.

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A monopolist's demand function is x=70-p8. Find the marginal revenue function.Also find at what level of output is marginal revenue is zero?

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The total revenue by selling 20 sets is 36000. Determine the average revenue.

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A chocolate bar sells for 100. What is the average revenue by selling 50 bars?

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The demand for a certain product is represented by the function  p=300+10x-2x2 (in ), where x is the number o units demanded and p is the price per unit. Find the marginal revenue.

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The total revenue by selling 20 sets is 36000. Determine the average revenue.

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Find the total revenue and marginal revenue for a firm operating under pure competition with a current price of 15 per unit.

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The demand function of a monopolist is given by P=3000-2x-x2. Calculate the marginal revenue function from the revenue function derived from the demand function.

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The demand function of a monopolist is given by P=2000-2x-x2. Calculate the marginal revenue function from the revenue function derived from the demand function.

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The demand function of a monopolist is given by P=2000+4x-x2. Calculate the marginal revenue function from the revenue function derived from the demand function.

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Calculate the marginal revenue function from the demand function of a monopolist which is given by P=2000+4x+3x2.

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Find the marginal revenue function for a monopolist's demand function which is x=50-p4.

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Calculate the marginal revenue for any level of output x when the demand function of a monopolist is given by p=1500-2x-x2.

Also, find the marginal revenue (MR) when x = 10

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The demand function of a monopolist is P(x)=300-x2. Find the marginal revenue function.

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Find the output x when revenue is maximum in case when the demand function of a monopolist is P(x)=300-x2