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Byju's Answer
Standard XII
Economics
Ex Ante Consumption
Total revenue...
Question
Total revenue is constant when marginal revenue is constant.
A
True
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B
False
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Solution
The correct option is
B
False
False.
When marginal revenue is constant, total revenue should be increasing at a constant rate.
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Similar questions
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What change in total revenue will result when:
(i) Marginal revenue is constant? and
(ii) Marginal revenue is decreasing?
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Average revenue is constant when marginal revenue is zero.
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In response to constant and positive marginal revenue, both total revenue and average revenue tend to rise at a constant rate.
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