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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
Whenever marginal revenue becomes negative, total revenue:
  • A
    Becomes maximum.
  • B
    Starts Increasing.
  • ✓
    Starts Decreasing.
  • D
    Remains constant.
✓

Answer

Correct option: C.
Starts Decreasing.

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