Question

When price remains constant at all level of output, total revenue— *
1 point
a) increases at increasing rate
(b) increases at diminishing rate
(c) increases at constant rate
(d) None of these.

Answer 1

Answer:

C) Increase at constant rate.

Explanation:

when a firm can sell any level of output at a given price, it means that price, i.e. AR remains constant. In this case, the AR and MR coincide with each other as marginal revenue ( MR ) is equal to the average revenue ( AR), which is constant.

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Answer 2

Answer:

here is ur answer

Explanation:

"c" increases at constant rate