Question

explain in brief the concept of TR, MR and AR
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Answer 1

Answer:

TR=tr is a command in Unix, Plan 9, Inferno, and Unix-like operating systems. It is an abbreviation of translate or transliterate, indicating its operation of replacing or removing specific characters in its input data set. Wikipedia

tr is a command in Unix, Plan 9, Inferno, and Unix-like operating systems. It is an abbreviation of translate or transliterate, indicating its operation of replacing or removing specific characters in its input data set. WikipediaStands for: Translate

tr is a command in Unix, Plan 9, Inferno, and Unix-like operating systems. It is an abbreviation of translate or transliterate, indicating its operation of replacing or removing specific characters in its input data set. WikipediaStands for: TranslateFunction: Translate, squeeze, and/or delete characters from standard input, writing to standard output

tr is a command in Unix, Plan 9, Inferno, and Unix-like operating systems. It is an abbreviation of translate or transliterate, indicating its operation of replacing or removing specific characters in its input data set. WikipediaStands for: TranslateFunction: Translate, squeeze, and/or delete characters from standard input, writing to standard outputSyntax: tr [-cds] STRING1 [STRING2]

tr is a command in Unix, Plan 9, Inferno, and Unix-like operating systems. It is an abbreviation of translate or transliterate, indicating its operation of replacing or removing specific characters in its input data set. WikipediaStands for: TranslateFunction: Translate, squeeze, and/or delete characters from standard input, writing to standard outputSyntax: tr [-cds] STRING1 [STRING2]Example: tr A-Z a-z <mixed

MR=Mister, usually written in its abbreviated form Mr. (US) or Mr (UK), is a commonly used English honorific for men under the rank of knighthood. The title 'Mr' derived from earlier forms of master, as the equivalent female titles Mrs, Miss, and Ms all derived from earlier forms of mistress

AR=Mister, usually written in its abbreviated form Mr. (US) or Mr (UK), is a commonly used English honorific for men under the rank of knighthood. The title 'Mr' derived from earlier forms of master, as the equivalent female titles Mrs, Miss, and Ms all derived from earlier forms of mistress

Answer 2

Total money receipts of a firm from the sale of a given output is called total revenue.

TR = OUTPUT*PRICE

Marginal revenue is the change in total revenue when one more unit of a commodity is sold.

MR= change in TR/change in quantity sold

Average revenue refers to revenue per unit of output.

AR=TR/Q

Relationship between AR and MR:

a) When AR is decreasing, MR should be decreasing faster than AR. Thus, downward sloping MR curve is below the downward sloping AR curve(a situation of monopoly and monopolistic competition)

b) If AR is constant, MR is equal to AR. Both are indicated by the same horizontal straight line(a situation of perfect competition)

c) MR can be negative, but not AR.