Question

when both AR and MR curves are falling, what is the position of MR curve?​

Answer 1

Answer:

both AR and

Explanation:

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Answer 2

Answer:

In Table 7.4, both MR and AR fall with increase in output. However, fall in MR is double than that in AR, i.e., MR falls at a rate which is twice the rate of fall in AR. As a result, MR curve is steeper than the AR curve because MR is limited to one unit, whereas, AR is derived by all the units.

Explanation:

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