Relationship between Total Revenue and Marginal Revenue
What is the relationship among Total Revenue (TR) and Marginal Revenue (MR)? Answer: A) If MR is positive, TR rises although at diminishing rate. B) If MR is Zero, TR becomes maximum.
What is the relationship among Total Revenue (TR) and Marginal Revenue (MR)?
Answer:
A) If MR is positive, TR rises although at diminishing rate. B) If MR is Zero, TR becomes maximum.
Explain different thought of economists for law of equivalent marginal advantage.
Efficient market hypotheses:a) Weak-form efficient market hypothesis: It assumes that current stock prices reflect all security market information including the historical sequence of prices, rates of return, trad
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