Economy, asked by kulsumusmani16, 6 months ago

Describe relationship between AR and MR??

Answers

Answered by qwerty862255

Answer:

A firm can sell more quantity of output at the same price (see Table 7.2). It means, the revenue from every additional unit (MR) is equal to AR. ... Always remember that when a firm is able to sell more output at the same price, then AR = MR at all levels of output.

Previous Question

Next Question

Similar questions

English, 3 months ago

Q-9 Translate the following epigram into English and explain them: ...

Biology, 3 months ago

6. The very first transgenic plant to be produced was rice plant (b) a potato plant (c) a tobacco plant (d) a brinjal plant Recombinant DNA technology has also proven important to the (a) production of growth hormone (b) production of vaccines (c) production of pesticides (d) studying of pathogens 8. Genetically dwarf plants can be made tall by (a) ABA (b) GA (c) IAA (d) CK 9. The importance of...

Business Studies, 3 months ago

Which Of The Following Scientific Term Ecology Is Closely Related? A) Philosophy B)Evolutionary Biology C) Genetics And Ethology D) All Of Above ...

Science, 6 months ago

Question 2) Fill in the blanks: (5 marks) 1) Some male insects can recognize their females by their 2) Kites, eagles and vultures can see times as far as we can. 3) Animals that are awake at night can see things only in and 4) Elephant, rabbit, cow and buffalo have ears than or ears. 5) Fishes can alarm call by the followings:...

Environmental Sciences, 6 months ago