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Commerce · Q757

Economics

Graduate and Post Graduate · Commerce · question 757

Q757

Consider the following statements. 1. TR starts declining when MR is negative. 2. MR can be zero or even negative. 3. TR stops increasing when MR = 0. Which of the statement(s) given above is/are correct?

A.
Both 1 and 3
B.
Both 1 and 2
C.
Only 1
D.
None of the above
Answer

Answer: Option D

Solution

Answer: Option D
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