Under monopoly, marginal revenue (MR) can be negative only when (JRF Social Science 2022)

✅Explanation:• Marginal Revenue (MR) is the change in total revenue (TR) resulting from selling one additional unit of output.• We can calculate it using the formula:MR = (Change in TR) / (Change in Output)
• In this case:o Change in TR = 300 – 270 = Rs 30o Change in Output = 10 – 8 = 2 unitso MR = 30 / 2 = Rs 15