Economy, asked by lavimann003, 5 months ago

what is the shapes of marginal revenue curve are average revenue curve under perfent competition ​

Answers

Answered by moumitapaul23
0

Answer:

Thus, from the above analysis we can conclude that:

1. Under perfect competition, average revenue curve is a straight horizontal line and is equal to MR. 2. In pure monopoly, AR curve is a rectangular hyperbola and MR curve coincides with the horizontal axis.

Explanation:

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