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 bhanjanbipat7

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.

Previous Question

Next Question

Similar questions

Social Sciences, 2 months ago

The Mughal empire reached its maximum extent during Aurangzeb’s reign still Aurangzeb’s policies can be credited for its decline. How?

Art, 2 months ago

haiiii ab aapko konsa sketch chahiye answer me..

Science, 2 months ago

What is climate changing?

Math, 4 months ago

Heidi and Brioni get 80 dollars by selling their old toys at a car boot sale. they divide the money in the ratio 2 to 3 .how much money do they each recieve?

Accountancy, 4 months ago