In conditions of pure competition, in which the demand for a firm's product is infinitely elastic, the firm's average revenue curve will be
A. | U shaped |
B. | A horizontal straight line |
C. | A vertical straight line |
D. | A straight line at 45° to the horizontal axis |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |