Understanding Revenue Curves in Monopolistic Competition and Monopoly 📈

Revenue curve under monopolistic competition | Nature of revenue in imperfect competition market |Revenue curve under monopoly and monopolistic competition | Nature of revenue in imperfect market | Micro economics |

In this video I explain you the shapes of Average Revenue (AR) and Marginal Revenue (MR) curves under Monopolistic Competition Market and explain you, Why AR and MR curves slope downward |


I am explaining the topic of Relationship between TR, AR and MR -
When price remains constant or in perfect competition market
When price falls with rise in output or in imperfect competition market



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