Economy, asked by bunny2244, 1 year ago

in which market form are average revenue and marginal revenue of firm always equal give reason

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Answered by aadityasinha2004

Definition. where the prime sign indicates a derivative. For a firm facing perfect competition, price does not change with quantity sold ( ), so marginal revenue is equal to price.

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in which market form are average revenue and marginal revenue of firm always equal give reason​

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in which market form are average revenue and marginal revenue of firm always equal give reason