Economics Online Statistics Home Definitions Videos Quizzes Questions

Questions on revenue

News


Gender pay gap

80% of UK companies and public sectors organisations pay women less than men.

Read more

Revenue

Question 1

Consider the example of a firm which produces and sells studio recording equipment.

PRICE (£) QUANTITY DEMANDED (000) TOTAL REVENUE (000) MARGINAL REVENUE (000)
10 3    
9 4    
8 5    
7 6    
6 7    
5 8    
4 9    
3 10    
2 11    
1 12    

  1. Using the information contained in the example calculate total and marginal revenue.

  2. Plot total, average and marginal revenue.

  3. When TR is at a maximum, what is MR?

Answer


WTO rules

What exactly is the 'most favoured nation' rule?

Read more
Read more
Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

Read more
Read more
Read more
Read more
Customs unions

Costs and benefits of customs unions.

Read more
New materials

Multiple choice papers for Paper Three.

Read more
Savings ratio

Savings ratio falls to lowest level on record.

Read more