हिंदी

Identify and explain the concept from the given illustration: Hritik earned additional revenue of ₹750 by selling additional chairs. -

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प्रश्न

Identify and explain the concept from the given illustration:

Hritik earned additional revenue of ₹750 by selling additional chairs.

टिप्पणी लिखिए

उत्तर

  • Identified concept: Marginal revenue
  • Explanation of concept: The net increase in overall revenue from selling an additional unit of the commodity is known as marginal revenue. It is calculated with the help of the following formula: MRn =  TRn - TRn -1
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