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At what rate average and marginal revenue falls, with fall in per unit price of a good?

+2 votes

asked Mar 17, 2019 in Class 12 by kratos

At what rate average and marginal revenue falls, with fall in per unit price of a good?

non competitive markets
cbse
production behaviour
supply
class-12

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1 Answer

+3 votes

answered Mar 22, 2020 by kratos

Best answer

Marginal revenue falls twice the rate of average

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