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Management · Q439

Managerial Economics

Graduate and Post Graduate · Management · question 439

Q439

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
Answer
B.
Less than half-way
C.
More than half-way
D.
Anywhere

Answer: Option A

Solution

Answer: Option A
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