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.
