Suppose the total revenue is rising at a constant rate as more and more units of a commodity are sold, marginal revenue would be:
(Choose the correct alternative)
Suppose the total revenue is rising at a constant rate as more and more units of a commodity are sold, marginal revenue would be (b) Equal to average revenue because the average revenue refers to the price showing the demand which indicates the relation between quantity demanded of the firm's output and the price. Therefore, the marginal revenue is equal to the average revenue if the total revenue rises at a constant rate as more units of goods are sold.
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