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प्रश्न
What is the shape of marginal revenue curve and average revenue curve under perfect competition?
अति संक्षिप्त उत्तर
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उत्तर
Under perfect competition, both the Average Revenue (AR) curve and the Marginal Revenue (MR) curve are horizontal straight lines that coincide with each other.
They are represented by a single line parallel to the X-axis (OX-axis) because the price remains constant for all units sold.
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