Question

Giving reasons, state the following statements are true or false:
i) TR curve starts from the point of origin.
ii) When price remains constant, MR curve will be a horizontal line parallel to X-axis.
iii) When marginal revenue is zero, average revenue remains constant.
iv) With increase in level of output, AFC goes on falling till it reaches Zero.
Hurry please​

Answer 1

Answer:

1.trur

2.false

3.false

4.trur