Use the information about marginal revenue (MR) that is presented in the table below to determine the total revenue when output is equal to 6.
$$\begin{array} { l r r r r r r r r r }
\text { Output } & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 \
M R & 50 & 45 & 40 & 35 & 30 & 25 & 20 & 15 & 10
\end{array}$$
A) 25
B) 30
C) 150
D) 225

Question

Use the information about marginal revenue (MR) that is presented in the table below to determine the total revenue when output is equal to 6.
$$\begin{array} { l r r r r r r r r r } 
\text { Output } & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 \
M R & 50 & 45 & 40 & 35 & 30 & 25 & 20 & 15 & 10
\end{array}$$
A) 25
B) 30
C) 150
D) 225

Quizplus · Accepted Answer

To find the total revenue when output is equal to 6, we sum the marginal revenues (MR) from the first unit to the sixth unit: $50 + 45 + 40 + 35 + 30 + 25 = 225$.

Use the Information About Marginal Revenue (MR) That Is Presented