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Model Paper 2 — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsModel Paper 21 Mark
MCQ
The relationships between TR and MR when price fall is
  • A
    TR falls but MR rises
  • B
    TR rises but MR falls
  • C
    Both rise in sales
  • ✓
    TR rises and then fall but MR falls with sales
✓

Answer

Correct option: D.
TR rises and then fall but MR falls with sales
(d) TR rises and then fall but MR falls with sales
Explanation: When more output is sold by lowering the price, then MR will fall. Till the point MR is positive, TR will rise and when MR becomes negative, TR starts falling. TR is at its maximum when MR is zero.

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