CUET Preparation Today
In the perfectly competitive market, if 10 packets of bread are sold at the price of Rs. 25 per packet, what will be the total revenue of a bread manufacturer? |
Rs. 25 Rs. 250 Rs. 0.4 Rs. 2.5 |
Rs. 250 |
The correct answer is Option (2) → Rs. 250 Total Revenue (TR)=Price (P)×Quantity (Q)
Given values:
Calculation: TR= Rs. 25×10 = Rs. 250 |
