OpenTuition | ACCA | CIMA

Free ACCA and CIMA on line courses | Free ACCA, CIMA, FIA Notes, Lectures, Tests and Forums

Marginal revenue

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Marginal revenue

  • This topic has 1 reply, 2 voices, and was last updated 6 months ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 7, 2020 at 1:41 am #570199
    Noah098

    Also sir, why in case of Marginal revenue equation the slope or gradient is twice that of in Price function equation? Any specific reasons?

    May 7, 2020 at 10:16 am #570216
    John Moffat
    Keymaster

    Have you not watched my free lectures on this? Because in the lectures I do show how the equation for the marginal revenue is derived. It requires knowledge of differentiation, but differentiation is specifically excluded from the syllabus which is why you are given the formula on the formula sheet in the exam. (I show how it is derived in my lectures because most students will know about differentiation from school, but again you are not required to know it for the exam.)

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.