Economy, asked by ayushiayushi12345678, 4 days ago

why does marginal revenue decrease with increase in units sold , even the price is not constant​

Answers

Answered by itxhorror
1

This is because the price remains constant over varying levels of output. In a monopoly, because the price changes as the quantity sold changes, marginal revenue diminishes with each additional unit and will always be equal to or less than average revenue

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Answered by alennc8
0

Answer:

This is because the price remains constant over varying levels of output. In a monopoly, because the price changes as the quantity sold changes, marginal revenue diminishes with each additional unit and will always be equal to or less than average revenue.

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