Question

In which type of compeitition does marginal revenue curve coincide with revenue curve?

Answer 1

Ngiyabonga kanjani wena futhi ngiyaxolisa angiyazi impendulo yombuzo wakho kodwa ngidinga amaphuzu ngempela

Answer 2

$\green{ \fcolorbox{grey}{grey}{ \checkmark \: \textsf{Verified \: answer}}}$

SLOPE of marginal revenue curve is less than slope of marginal cost curve

• They have the same constant, and the marginal revenue curve is twice as steep as the demand curve.
• The coefficient on Q is twice as large in the marginal