\(\begin{array}{c|c}
\text{Price N} & \text{Quantity sold} \\
5 & 15 \\
5 & 16 \\
5 & 17 \\
5 & 18 \\
\end{array}\)

Marginal revenue is

Lilynessa

2 months ago

The answer is 5 because MR = change in total revenue/ change in quantity.
step 1: calculate total reveneue for each quantity
TR=5*15=75
5*16=80
5*17=85
5*18=90
step 2: find the marginal revenue
Mr=80-75=5
85-80=5
90-85=5

since the price is constant at 5, the marginal revenue is also 5 for each additional unit sold.

Hope this was helpful