When marginal revenue is zero, total revenue is

When marginal revenue is zero, total revenue is Correct Answer Maximum

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.
Bissoy MCQ

Related Questions

Two outlets of a motor manufacturing company reported that revenue from outlet x in 2013 was down 11 percent from 2012. and revenue from outlet Y in 2013 were up 7 percent from 2012. If total revenue from outlet X & Y in 2013 was up 1 percent from 2012, what is the ratio of revenue from outlet X in 2012 revenue from outlet Y in 2012?
Due to the recession, a show room reported that revenue from luxury car sales were down by 11% and revenue from economy car sales were up by 7% . If the total revenue were up by 1% then what is the ratio of revenue from luxury car sales to revenue from economy car sales ?
A company generated revenue of Tk. 125,000 in 2012 which was 12.5% of its gross revenue. In 2013, the gross revenue increased by Tk. 250,000. What is the percentage increase in the revenue in 2013?
A company generated revenue of Tk 125,000 in 2012 which was 12.5% o its gross revenue. In 2013, the gross revenue increased by Tk. 250,000. What is the percentage increase in the revenue in 2013?
In a perfectly competitive market, relationship between 'average revenue (AR) and ' marginal revenue (MR)' can be best described by
In a perfectly competitive market, relationship between 'average revenue (AR)' and 'marginal revenue (MR)' can be best described by-
Under which market structure, average revenue of a firm is equal to its marginal revenue
Marginal benefits- marginal cost, makes-
Rebecca put only 'marginal' effort onto her science project. The word 'marginal' here means-
In 1990, Hotel Seagull earned TK. 5 million in tourist revenue. By 2000, tourist revenue doubled and in 2010, it reached the sum TK. 20 million. Each of the following , if true , may explain the trend in tourist revenue except :