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Show AR and MR curve under perfect competition.

+3 votes

asked Aug 24, 2018 in Class 12 by kratos

Show AR and MR curve under perfect competition.

isc
production function and cost production
cbse
forms of market and price determination
icse
concept of revenue
class-12

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1 Answer

+5 votes

answered Apr 12, 2020 by kratos

Best answer

Under perfect competition AR curve is parallel to x-axis because AR is equal to price and **** constant.*

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