CA CPT Model Test Paper 4 with solutions for online practice

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Question : 147 of 199

Marks: +1, -0

MR curve under Monopoly lies between AR and Y-axis because, the rate of decline of the MR is

Just half of the rate of decline of AR
Just equal to the rate of decline of AR
Just triple the rate of decline of the average revenue
Just double the rate of decline of the average revenue

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