Advertisements
Advertisements
प्रश्न
Mark the right option from the options given below about the shape of AR curve under monopoly/ imperfect competition:
पर्याय
upward sloping
horizontal line
U-shaped
downward sloping
MCQ
Advertisements
उत्तर
Downward sloping
Explanation:
Under imperfect competition, a firm must lower its price to sell more output. Since average revenue equals price, the AR curve slopes downward.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
