Final answer:
To find the marginal revenue of the 11th unit, subtract the total revenue at 10 units from the total revenue at 11 units. Without specific total revenue figures for these units, the marginal revenue cannot be calculated exactly.
Step-by-step explanation:
To determine the marginal revenue received from the 11th unit, one needs the total revenue at the production of 10 units and the total revenue at the production of 11 units. Marginal revenue is defined as the additional revenue that a company earns by selling one more unit of a product. Typically, the formula to calculate marginal revenue (MR) is MR = Change in Total Revenue / Change in Quantity, which implies that you subtract the total revenue earned from selling 10 units from the total revenue from selling 11 units.
It is important to understand that as more units are produced, the marginal revenue can decrease due to factors such as market saturation and price decreases needed to sell additional units. As seen in earlier examples provided, at certain levels of output, the marginal revenue can change significantly, affecting the overall profits.
Since the information provided does not include specific revenue details for the 11th unit, it is impossible to calculate it exactly without that data. However, to find the marginal revenue for the 11th unit when given the necessary information, you would use the total revenues at 10 and 11 units to perform the marginal revenue calculation as described above.