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Questions › CUET-PG › CUET-PG 2019 › Q60
4 marks, −1Microeconomics › Monopoly and price discrimination › Monopoly equilibrium and marginal revenueModerateabout 1 min

CUET-PG 2019 Question 60: Monopoly and price discrimination

The total revenue function of a monopolist with marginal revenue function MR=10−4QMR = 10 - 4QMR=10−4Q is

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The total revenue function of a monopolist with marginal revenue function MR = 10 - 4Q is (A) 10Q - 2Q² + c (B) 5Q² - 2Q² + c (C) 1/10Q - 1/2Q² + c (D) 1/5Q² - 1/2Q² + c

Monopoly and price discrimination has come up 128 times in 7 exams since 2004.

What this question tests

This question is on Monopoly equilibrium and marginal revenue, part of Monopoly and price discrimination in Microeconomics.

How a monopolist sets price and output where marginal revenue equals marginal cost.

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