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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

If the average revenue of a certain firm is ₹ 50 and its elasticity of demand is 2, then their marginal revenue is: - Business Mathematics and Statistics

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Question

If the average revenue of a certain firm is ₹ 50 and its elasticity of demand is 2, then their marginal revenue is:

Options

  • ₹ 50

  • ₹ 25

  • ₹ 100

  • ₹ 75

MCQ

Solution

₹ 25

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Applications of Differentiation in Business and Economics
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Chapter 6: Applications of Differentiation - Exercise 6.6 [Page 155]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 6 Applications of Differentiation
Exercise 6.6 | Q 9 | Page 155
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