(Answered) What is the revenue for a price of 8 and production of 150What is the revenue for a price of 8 and…

➤ What is marginal revenue if the price stays at 8?
Marginal revenue measures the change in total revenue from selling one more unit. If the price remains constant at 8, marginal revenue equals 8 per additional unit. When R(q) = 8q, the derivative dR/dq = 8. This applies in competitive markets where selling extra units does not change the price.