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AR, TR, MR, curves in Different …

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AR, TR, MR, curves in Different pricing condtions.
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Preeti Dabral 1 year, 4 months ago

If the price remains constant, MR also remains constant and coincides with AR. Under perfect competition as the price is constant, AR is equal to MR and their shape will be straight line horizontal to X-axis. When a firm sells large quantities at lower prices both AR and MR will fall.

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