Economy, asked by chandnichandni019, 10 months ago

price average revenue are always same

Answers

Answered by shobi86

Answer:

The relation between average revenue and quantity of output produced depends on market structure. For a perfectly competitive firm, average revenue is not only equal to price, but more importantly, it is equal to marginal revenue, all of which are constant.

Previous Question

Next Question

Similar questions

Physics, 5 months ago

The fine structure in the spectrum of potassium is given by the following ex pression C AE = LiG+1) – 1(1+1) – s(8+ 1)] = where l, s and j are the angular momentum quantum numbers of the outer electron of the potassium atom. (i) Sketch a labelled energy level diagram showing the spectrum of potassium up to the third excited state, including fine structure. (ii) Explain what determines whether...

English, 5 months ago

you will miss the trin if you do nad hurry identify subordinate caluse)...

Social Sciences, 5 months ago

Family system during the Maratha period.

Math, 10 months ago

Round off the following numbers (a)8,91,512 to the nearest hundred step by step ansr pls ...

Biology, 10 months ago