Question 16
MediumOriginal questionA firm's AR is ₹50 at every level of output. Its MR is
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
If every unit sells for ₹50, each extra unit adds exactly ₹50 to TR.
A constant AR means MR = AR.
- Concept
- Constant AR and MR
- Typical timeTypical
- 70 s
- Your timeYours
- —
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