Production and cost — Economics STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost1 Mark
Question
What is the shape of TR curve in monopoly?
✓
Answer
The TR curve is upward sloping curve starting from the origin. But it increases at a diminishing rate and eventually falls, because MR tends to decline under monopoly.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.