Tag: revenue and revenue curves
Questions Related to revenue and revenue curves
In the case of consumer's demand curve determines the price, but in the case of producer ___________.
(i) AR curve determines the price
(ii) AR curve determines the price and income
(iii) MR curve determines the price
(iv) MR curve and AR curve are determines the price
The marginal revenue of the monopolist is ____________.
Competitive behaviour means _________.
An example of competitive behavior is ______.
The author of the concept of quasi rent is ______________.
___________________ is income derived from machines and other appliances for production by man.
Rent is the price paid for the use of ________________.