Average Revenue curve under monopoly is :

April 28, 2021 – by admin

Question:

Average Revenue curve under monopoly is :

A.

Upward slopping

B.

Downward slopping

C.

Horizontal straight line

D.

None of these

Answer» b. Downward slopping

Note:

The above multiple-choice question is for all general and Competitive Exams in India.