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

+2 votes

asked Jan 15, 2019 in Class 12 by kratos

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

class-12
production behaviour
supply

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1 Answer

+2 votes

answered Jan 30, 2020 by kratos

Best answer

Marginal revenue falls twice the rate of average revenue.

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