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Solution - Total, Average and Marginal Revenue

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Question

Suppose total revenue is rising at a constant rate as more units of a commodity are sold, marginal revenue would be:

(a) Greater than average revenue

(b) Equal to average revenue

(c) Less than average revenue

(d) Rising

Solution

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