Economy, asked by 8961nahidkhan, 6 months ago

when is the total revenue curve a straight line? Then what will be Average revenue and marginal revenue

Answers

Answered by sravanthiyerrabothu7
2

Answer:

For a price taking firm, AR is constant. In case AR is constant, MR is also constant. Implying that TR increases at a constant rate. Hence, TR forms a straight line sloping upward. It passes through the point of origin, simply because TR is zero when output is zero.

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