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Question -

Compute the total revenue, marginal revenue and average revenue schedules in the following table. Market price of each unit of good is Rs. 10.



Answer -

Quantity sold 0

1

2

3

4

5

6

TR (?)

 

 

 

 

 

 

AR (?)

 

 

 

 

 

 

MR (?)

 

 

 

 

 

 


Answer

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