Multiple Choice Questions on The marginal revenue curve shows the relationship between and ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

The marginal revenue curve shows the relationship between and ........

Economics (CUET) Theory of firm under perfect Competition
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    The marginal revenue curve shows the relationship between__________and_____________.

     

    Marginal revenue, quantity produced
     

    Correct Answer

    Marginal Revenue, quantity sold
     

    Incorrect Answer

    Marginal cost, quantity produced
     

    Incorrect Answer

    Marginal cost, quantity sold

    Incorrect Answer
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    Explanation:

    Option (3) is correct.
    Explanation: The marginal revenue shows the relationship between marginal cost and quantity produced.

    By: Parvesh Mehta
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