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The theory of the firm under perfect competition — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsThe theory of the firm under perfect competition1 Mark
MCQ
AR can be symbolically written as:
  • A
    $\frac{\text{MR}}{\text{Q}}$
  • B
    $\text{Price}\times\text{quantity}$
  • ✓
    $\frac{\text{TR}}{\text{Q}}$
  • D
    $\text{None of these}$
✓

Answer

Correct option: C.
$\frac{\text{TR}}{\text{Q}}$

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