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IB Economics Unit 2.6: Microeconomics - Market Power (id: 650db83e3)

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admin 发表于 2024-7-27 02:33:47 | 显示全部楼层 |阅读模式
本题目来源于试卷: IB Economics Unit 2.6: Microeconomics - Market Power,类别为 IB经济学

[单选题]

At which level of output would revenue be maximised?

A.
B.
C.
D.


参考答案:  B


本题详细解析:
B

image Revenue is maximised at the level of output where MR = 0. As output approaches this point from the left, MR is positive, so more output increases total revenue. After this point, MR is negative, so additional output causes total revenue to decline.

Choice A is the profit-maximising level of output, and Choice C is the allocatively efficient level of ouput. At point D, total revenue is minimised, because P = 0.

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