Question

explain relation between ar and mr when price falls with increase in output​

Answer 1

Answer:

Answer:Both are inverse to each other . fall in MR is double than that in AR, i.e., MR falls at a rate which is twice the rate of fall in AR. As a result, MR curve is steeper than the AR curve because MR is limited to one unit, whereas, AR is derived by all the units.

Explanation:

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