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Marginal Revenue Product Questions

Practice 2 Marginal Revenue Product questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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Practice by Exam:General Awareness(1)Economics(1)

About Marginal Revenue Product — practice questions, PYQs & concepts

Marginal Revenue Product is a frequently-tested topic on General Awareness, Economics. ExamTest.live currently lists 2 Marginal Revenue Product questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Marginal Revenue Product weight in competitive exams

Across our Marginal Revenue Product question bank, the largest sources are General Awareness (1) and Economics (1). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 0 easy Marginal Revenue Product questions are available — build fluency before moving up.
  • Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
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  • Read every explanation: Even on questions you got right — the explanation often surfaces a faster approach you can reuse.

All Marginal Revenue Product Questions(1–2 of 2)

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Q1mediummcqEconomicsSSC CGL2026
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If one more baker is hired the output of a bakery will increase from 1250 breads to 1400 breads per day, but then the bakery will have to reduce the price of the bread from Rs 15 to Rs 14 per unit to sell the additional output, the marginal revenue product of the last baker is __________
Q2mediummcqGeneral AwarenessSSC CGL2026
If one more cobbler is hired the output of a shoe making unit will increase from 50 pairs of shoes to 55 pairs per day, but then the shoe making unit will have to reduce the price of a pair of shoes from Rs 3200 to Rs 3000 per pair to sell the additional output, the marginal revenue product of the last cobbler is

Frequently Asked Questions

How many Marginal Revenue Product questions are on ExamTest.live?▼
We have 2 Marginal Revenue Product questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
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Which exams include Marginal Revenue Product questions?▼
Marginal Revenue Product questions are commonly asked in General Awareness, Economics. You can filter by exam using the links above.
How do I practice Marginal Revenue Product questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.