Economy, asked by linarzary43, 7 months ago

when the price is constant, AR= ?​

Answers

Answered by queensp73
1

Hello !

Current prices make no adjustment for inflation. Constant prices adjust for the effects of inflation. Using constant prices enables us to measure the actual change in output and not just an increase due to the effects of inflation.

AR=MR.

Hope It Helps u :)

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