Economics 9708 · AS & A Level

Revenue

2 practice questions on Revenue, with worked solutions and instant marking.

The diagram illustrates the impact of a movement in the demand curve from $D_1$ to $D_2$ for a profit maximising firm. What change has occurred to the firm's total revenue and the deadweight welfare loss?

Oct/Nov 2025

A business is producing at an output level that corresponds to the point at which MR = 0. Which objective is the business achieving?

Oct/Nov 2025