The average revenue curve of a firm is

Industrial Engineering Mcqs
BILAL KHATTAK0

A.the curve representing the cost per unit of output
B.the same as the demand curve of consumers for the firm’s product
C.total receipts realised by the firm
D.B and C above

Related Mcqs:

  1. Average fixed cost
  2. Average fixed cost is equal to:
  3. An average cost is also known as________??
  4. A competitive firm will maximise profits at the output where
  5. Which one of the following pairs is correctly matched?
  6. A monopolistic firm’s average revenue is always
  7. Price elasticity of demand is best defined as
  8. In the short run, the competitive firm can maximise its profits (or minimise its losses) by
  9. A curve showing the variation of load on a power station with respect to time is known as
  10. For manufacturing firm

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