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Revenue & Producer's Equilibrium · Question 12 of 55

Question 12

MediumOriginal question

When MR is zero,

Options for question 12

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. TR stops rising exactly when the extra unit adds nothing.

  2. Profit is a different matter: it depends on cost too.

Concept
MR = 0 and TR
Typical time
70 s
Your time
—
The rule this testsTotal, average and marginal revenue
Practise this chapter →

Ten questions from Revenue & Producer's Equilibrium, at your own pace.

Practise this chapter →

Ten questions from Revenue & Producer's Equilibrium, at your own pace.