wiz-icon
MyQuestionIcon
MyQuestionIcon
10
You visited us 10 times! Enjoying our articles? Unlock Full Access!
Question

Under perfect competition, AR and MR curves tend to slope downward.

A
True
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
False
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B False
False.
Under perfect competition, AR and MR curves coincide and are a horizontal straight line parallel to X-axis, because price is constant.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Methods of Solving First Order, First Degree Differential Equations
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon