Q80
Which is the other name that is given to the average revenue curve?
A.
Profit curve
B.
Demand curve
AnswerC.
Average cost curve
D.
Indifference curve
Answer: Option B
Solution
Answer: Option B
Solution:
Demand curve is the other name that is given to the average revenue curve. Average revenue curve is often called the demand curve due to its representation of the product's demand in the market.