Economy, asked by hiteshakhedkar, 1 month ago

what is revenue? explain the relation between marginal revenue and average revenue

Answers

Answered by yaashitha4108

1

The relationship between average revenue and marginal revenue is the same as between any other average and marginal values. When average revenue falls marginal revenue is less than the average revenue. When average revenue remains the same, marginal revenue is equal to average revenue.

Answered by omprasad206

0

The relationship between average revenue and marginal revenue is the same as between any other average and marginal values. When average revenue falls marginal revenue is less than the average revenue. When average revenue remains the same, marginal revenue is equal to average revenue.

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