UGC NET Follow
July 12, 2020 4:29 pm 30 pts
22. Find out the incorrect statement (1) (2) Average revenue curve is the same as demand curve If the point elasticity of demand is unity, the corresponding marginal revenue is zero Average revenue on the demand side, is the counterpart of average cost on the supply side The less elastic the average revenue curve, the more periect is the competition in the market (3) 4
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