Question
Show that AR curve and demand curve are the same.
$\text{Average Revenue}=\frac{\text{Total Revenue}}{\text{Quantity}}$
$\frac{\text{Price}\times\text{Quantity}}{\text{Quantity}}=\text{Price}$
$\text{AR}=\text{P}(\text{price})$
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| S. No. | | (₹ in crores) |
| (i) | Government final consumption expenditure. | 4,000 |
| (ii) | Private final consumption expenditure | 35,00 |
| (iii) | Gross domestic capital formation. | 1,100 |
| (iv) | Net exports. | 500 |
| (v) | Net factor income from abroad. | 100 |
| (vi) | Net factor income from abroad. | 300 |
| (vii) | Subsidies. | 40 |
| (viii) | Change in stock. | 80 |
| (ix) | Consumption of fixed capital. | 120 |