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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
How does $TR$ change with output when MR is negative?
  • ✓
    $TR$ falls with the increase in output.
  • B
    TR rise with the increase in output.
  • C
    TR falls with the decrease in output.
  • D
    None of these.
✓

Answer

Correct option: A.
$TR$ falls with the increase in output.

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