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प्रश्न
How are Average Revenue (AR) and Marginal Revenue (MR) curves related under monopoly?
पर्याय
Both are horizontal and overlap
AR slopes downward and MR lies below AR
MR is vertical and AR is horizontal
Both are U-shaped
MCQ
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उत्तर
AR slopes downward and MR lies below AR
Explanation:
To sell extra units, the monopolist must reduce price, so AR falls with output and MR falls faster, remaining below AR.
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