Question

when price remains constant
AR will be___ MR​

Answer 1

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For a firm under perfect competition, MR = AR. In fact, when price remains fixed, AR, MR and price are all equal to one another. Since a monopolist is the sole seller of a commodity, its demand curve is the same as the market demand curve for that product.

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Answer 2

Answer:

For a firm under perfect competition, MR = AR. In fact, when price remains fixed, AR, MR and price are all equal to one another.

Explanation: