The CA Hub

PRC-2 · Chapter 6 · Question 36 of 45

In finance and economics, how can Total Revenue (TR) be found if the Marginal Revenue (MR) function is known?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) By integrating the MR function with respect to units (x).

Explanation

Since MR is the derivative of TR, integrating MR takes us back to the Total Revenue function.

All 45 questions in Chapter 6Discounted Cash Flows MCQs with answers

More Discounted Cash Flows MCQs

Sponsored slot availableRun a CA academy or hiring firm? Put your name in front of students preparing for this exam.Advertise →