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Relation between Total Revenue , Marginal …

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Relation between Total Revenue , Marginal Revenue and Average Revenue
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Karuna Baranwal 7 years, 9 months ago

In perfect competitive market AR=MR and TR increases at constant rate. 2)in imperfect competition TR increases at diminishing rate bcoz at that time MR deceases 3)AR can never be negative or zero but MR can Be 4) when AR diminishes MR also diminishes but at faster rate
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