If Total Revenue Falls When Output Increases,marginal Revenue Is

question 139

Multiple Choice

If total revenue falls when output increases,marginal revenue is

• A) positive.
• B) negative.
• C) zero.
• D) greater than total revenue.
• E) elastic.

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Definitions:

Systematic Risk

The inherent risk that affects the entire market or economy, and cannot be avoided through diversification.

Unsystematic Risk

The danger linked to a particular business or sector, which can be lessened by spreading investments across different areas.

Well-Diversified Portfolio

A collection of investments across various asset classes and industries intended to reduce risk through the principle of diversification.

Historical Relationship

A reference to the way entities or variables have interacted or correlated with one another in the past.