Economy, asked by medhachauhan12octmc, 2 months ago

in which type of firm marginal revenue average revenue and price are equal

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Answered by Anonymous

competitive firm's

A firm's average revenue is its total revenue earned divided by the total units. A competitive firm's marginal revenue always equals its average revenue and price. This is because the price remains constant over varying levels of output.

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in which type of firm marginal revenue average revenue and price are equal​

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in which type of firm marginal revenue average revenue and price are equal