Which of the Following Is NOT True About Marginal Revenue

question 66

Multiple Choice

Which of the following is NOT true about marginal revenue?

• A) It is a firm's marginal benefit.
• B) It is defined as the extra revenue generated by the production of one more unit.
• C) It can be expressed mathematically as MR = [R(Q - ∆Q) - R(Q)]/∆Q.
• D) It can be expressed mathematically as ∆R/∆Q.

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Definitions:

Primary Health Care

Essential health care that is based on scientifically sound and socially acceptable methods, made universally accessible to individuals and families in the community.

Community Participation

The process of involving members of a community in decision-making and activities that affect their lives or environments.

Intersectoral Cooperation

Collaboration between different sectors of society, including public, private, and non-governmental organizations, to achieve common objectives.

Intersectoral Cooperation

Collaborative efforts among various sectors of society, including public, private, and not-for-profit organizations, to achieve common goals.