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Which one of the following statements is true? (a) AR = (MR)/Q (b) TR = MR xx Q (c) TR = ∑ MR - Economics

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Question

Which one of the following statements is true?

Options

  • `"AR" = ("MR")/"Q"`

  • `"TR" = "MR" xx "Q"`

  • `"TR" = sum"MR"`

  • None of these

MCQ
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Solution

`bb("TR" = sum"MR")`

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Chapter 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [Page 159]

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Frank Economics [English] Class 12 ISC
Chapter 8 Cost and Revenue Analysis
TEST YOURSELF QUESTIONS | Q 9. | Page 159
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