23. The relationship between AR and MR depicted in the following diagram is [1]
possible when:
Y
AR and MR
(in )
AR = MR
Х
Units Sold
(a). Price remains constant with rise in output
(b), Price falls with rise in output
(c). Price initially falls and then remains constant with rise in output
(d). None of these
Answers
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Answer:
d
Explanation:
no of unit sold is not given
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