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Model Paper 1 — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsModel Paper 11 Mark
MCQ
Can TR be a horizontal Straight line?
  • A
    May not be always
  • B
    May be
  • C
    Yes
  • ✓
    No
✓

Answer

Correct option: D.
No
(d) No
Explanation: TR cannot be a horizontal straight line as TR = qty * price. TR can be calculated by adding up revenue realised from sale of every additional unit . With sale of every additional unit TR increases. So it cannot be constant and thus cannot be a horizontal line.

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