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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
Whenever marginal revenue becomes negative, total revenue:
  1. Becomes maximum.
  2. Starts Increasing.
  3. Starts Decreasing.
  4. Remains constant.
✓

Answer

  1. Starts Decreasing.

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