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Question
Under imperfect competition, what happens to MR when TR curve is positively sloped?
Options
Decreases
Increases
is positive
May increase or decrease
MCQ
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Solution
Is positive
Explanation:
Marginal Revenue (MR) represents the slope of the Total Revenue (TR) curve. Under imperfect competition, as long as the TR curve is positively sloped (rising), MR remains positive.
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