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B. Eco. Q.156

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B. Eco. Q.156

156In a monopoly, the relationship between average revenue and marginal revenue curves is as follows:

A
Average revenue curve lies above the MR-curve
B
AR curve lies below the MR-curve
C
AR curve coincides with the MR-curve
D
AR curve is parallel to the MR-curve

Answer
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Option : A
Explanation :

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