Managerial Economics

1:

If AR curve is a falling straight line, MR curve will lie below it in such a way that any line drawn from a point from Y-axis parallel to X-axis to meet the AR curve is intersected by the MR curve

A.

Mid-way

B.

Less than half-way

C.

More than half-way

D.

Anywhere

 

Answer : A

Explanation :

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Option: A

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