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C A foundation Economics Paper4 Part I Questions for practice
Q34) In the below figure, if DD is the demand curve and R is a given point on it then the area of shaded
portion OP
1
RQ
1
is _____________
a) Total Revenue (TR)
Correct
b) Marginal Revenue (MR)
Try again
c) Total Cost (TC)
Try again
d) None of these
Try again
Explanation and answer
Solution:
Correct option is (a)