PRC-2 · Chapter 5 · Question 44 of 50
In economics, 'Marginal Revenue' (MR) is equal to zero when:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Total Revenue (TR) is at its maximum point.
Explanation
Since MR is the derivative of TR, setting MR = 0 finds the peak of the revenue curve.
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