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Solution - Total, Average and Marginal Revenue

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Question

A firm is able to sell any quantity of a good at a given price. The firm's marginal revenue will be : (Choose the correct alternative):

(a) Greater than Average Revenue

(b) Less than Average Revenue

(c) Equal to Average Revenue

(d) Zero

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Solution for concept: Total, Average and Marginal Revenue. For the courses 12th CBSE (Arts), 12th CBSE (Commerce), 12th CBSE (Science)
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