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प्रश्न
Point out the significance of Revenue in Price Analysis.
लघु उत्तरीय
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उत्तर
The following are the primary points of importance of revenue in price analysis:
- It is significant to assess the change in the price of a firm
- It is useful for the equilibrium of a firm (MR = MC), and
- It helps to know the profit and loss of a firm.
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