Economy, asked by DeepsikhaBasumatary, 4 months ago

What are the shape of AR and MR curve for a firm under non competitive market structure? ​

Answers

Answered by Aw232365
1

Answer:

ok

Explanation:

Answered by bhanjanbipat7
2

Answer:

Implication: The result is an inelastic demand curve as shown in Figure. The demand curve is a constraint facing a monopoly firm. Demand curve is also the price line and the AR curve. Since AR is downward sloping, MR lies below AR curve and is twice as steep as the AR curve.

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