Explain the relationship of TR and MR when price Falls ?
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__________HEY MATE_________
>WHEN TR IS INCREASING AT CONSTANT RATE,MR SHOULD BE CONSTANT.
>WHEN TR IS INCREASING AT DIMNISHING RATE,MR SHOULD BE DIMNISHING.
>WHEN TR IS MAXIMUM,MR IS ZERO.
>WHEN TR IS DIMNISHING,MR IS NEGATIVE.
HOPE THIS HELPS YOU ☺️
swag4shubham:
hiiiii
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heya friend.....
Relationship between TR and MR (When Price remains Constant): When price remains constant, firms can sell any quantity of output at the price fixed by the market. As a result, MR curve (and AR curve) is a horizontal straight line parallel to the X-axis.
hope it helps uu...!!!❤
#Dramaqueen⭐
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