Calculate the total revenue, marginal revenue and average revenue schedules in the following table. Market price of each unit of the good is Rs 10.
| Quantity Sold | TR | MR | AR |
| 0 | |||
| 1 | |||
| 2 | |||
| 3 | |||
| 4 | |||
| 5 | |||
| 6 |
| Quantity Sold Q (units) | TR = P × Q (Rs ) | MR = TRn − TRn − 1 (Rs ) | AR = Price = Rs 10 |
| 0 | 0 | − | |
| 1 | 10 × 1 = 10 | 10 − 0 = 10 | 10 |
| 2 | 10 × 2 = 20 | 20 − 10 = 10 | 10 |
| 3 | 10 × 3 = 30 | 30 − 20 = 10 | 10 |
| 4 | 10 × 4 = 40 | 40 − 30 = 10 | 10 |
| 5 | 10 × 5 = 50 | 50 − 40 = 10 | 10 |
| 6 | 10 × 6 = 60 | 60 − 50 = 10 | 10 |