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The theory of the firm under perfect competition — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsThe theory of the firm under perfect competition1 Mark
Question
How does TR change with output when MR is negative?
  1. TR falls with the increase in output.
  2. TR rise with the increase in output.
  3. TR falls with the decrease in output.
  4. None of these.
✓

Answer

  1. TR falls with the increase in output.

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