Assume that when price is ₹ 20, quantity demanded is 9 units, and when price is ₹ 19, quantity demanded is 10 units. Based on this information, what is the marginal revenue resulting from an increase in output from 9 units to 10 units?
A. ₹ 20
B. ₹ 19
C. ₹ 10
D. ₹ 1
Answer:C
Assume that when price is ₹ 20, quantity demanded is 9 units, and when price is ₹ 19, quantity demanded is 10 units. Based on this information, what is the marginal revenue resulting from an increase in output from 9 units to 10 units?
A. ₹ 20 B. ₹ 19 C. ₹ 10 D. ₹ 1