When marginal revenue is zero total revenue is ........

Economics- Phase (I & II) Consumption Function

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When marginal revenue is zero, total revenue is

Maximum

Minimum

Zero

Decreasing

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Explanation:

When marginal revenue is zero, total revenue is Maximum. The profit maximizing quantity and price can be determined by setting marginal revenue equal to zero, which occurs at the maximal level of output. Marginal revenue equals zero when the total revenue curve has reached its maximum value.