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Which one of the following statements is true?

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Question

Which one of the following statements is true?

Options

  • AR = `("MR")/"Q"`

  • TR = MR × Q

  • TR = ∑MR

  • None of these

MCQ
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Solution

TR = ∑MR

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Chapter 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [Page 169]

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Frank Economics [English] Class 12 ISC
Chapter 8 Cost and Revenue Analysis
TEST YOURSELF QUESTIONS | Q 18. | Page 169
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