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प्रश्न
In which of the following types of market, are the average revenue curve and market demand curve the same?
पर्याय
monopoly
oligopoly
perfect competition
monopolistic competition
MCQ
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उत्तर
Monopoly
Explanation:
Under monopoly, there is only one firm in the market. Therefore, the firm’s demand curve (its average revenue curve) is the same as the market demand curve.
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