Related Questions

In a perfectly competitive market, relationship between 'average revenue (AR)' and 'marginal revenue (MR)' can be best described by-
Two outlets of a motor manufacturing company reported that revenue from outlet x in 2013 was down 11 percent from 2012. and revenue from outlet Y in 2013 were up 7 percent from 2012. If total revenue from outlet X & Y in 2013 was up 1 percent from 2012, what is the ratio of revenue from outlet X in 2012 revenue from outlet Y in 2012?
Due to the recession, a show room reported that revenue from luxury car sales were down by 11% and revenue from economy car sales were up by 7% . If the total revenue were up by 1% then what is the ratio of revenue from luxury car sales to revenue from economy car sales ?
Price-taking firms i.e., firms that operate in a perfectly competitive market, are said to be 'small' relative to the market. Which of the following best describes this smallness?
Under which market structure, average revenue of a firm is equal to its marginal revenue
A company generated revenue of Tk. 125,000 in 2012 which was 12.5% of its gross revenue. In 2013, the gross revenue increased by Tk. 250,000. What is the percentage increase in the revenue in 2013?
A company generated revenue of Tk 125,000 in 2012 which was 12.5% o its gross revenue. In 2013, the gross revenue increased by Tk. 250,000. What is the percentage increase in the revenue in 2013?
নিচের কোন অনুমানটি পূর্ণ প্রতিযোগিতামূলক বাজারের সাথে সামঞ্জস্যপূর্ণ নয়? (Which one of the following assumptions is not consistent with the perfectly competitive market structure?)
পূর্ণ প্রতিযোগিতামূলক বাজারে একটি ফার্মের ভূমি অক্ষের সমান্তরাল রেখা কোনটি? (Which of the curve is parallel to the horizontal axis in a perfectly competitive market?)
পূর্ণ প্রতিযোগিতামূলক বাজারে ফার্মের ভারসাম্যের প্রাথমিক শর্ত কোনটি? (Which is the primary condition of equilibrium in a perfectly competitive market?)