Question

show the relationship between total profit, marginal profit and Average Profit.​

Answer 1

Explanation:

The relationship between TR, AR, and MR

The relationship between TR, AR, and MR When the first unit is sold, TR, AR, and MR are equal. Therefore, all three curves start from the same point. Further, as long as MR is positive, the TR curve slopes upwards.

Answer 2

Answer:

$\huge{\bold{\underline{Answer:-}}}$

The relationship between TR, AR, and MR:-

When the first unit is sold, TR, AR, and MR are equal. Therefore, all three curves start from the same point. Further, as long as MR is positive, the TR curve slopes upwards.