Question

Q13. In which market MR=AR?

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Answer 1

Answer:

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Explanation:

forces of market demand and market supply. Firm's demand curve under perfect competition is a horizontal straight line parallel to X-axis. Under perfect competition, AR is constant for a firm. Hence, AR = MR.

Answer 2

Answer:

forces of market demand and market supply. Firm's demand curve under perfect competition is a horizontal straight line parallel to X-axis. Under perfect competition, AR is constant for a firm. Hence, AR = MR.