Manoj is a seller in a market where more can be sold only by lowering the price of the goods. Which of the following will be true about his revenue.…
CUET UG 2025 — Economics Micro
Manoj is a seller in a market where more can be sold only by lowering the price of the goods. Which of the following will be true about his revenue.
(A) Total revenue will increase at a constant rate.
(B) Average revenue will be more than his marginal revenue at all the levels of output sold.
(C) Marginal revenue curve will be downward sloping from left to the right.
(D) Marginal revenue can be zero at some level of output sold.
Choose the correct answer from the options given below:
Held on 21 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (B) and (D) only
- B
(A), (B) and (C) only
- C
(A), (B), (C) and (D)
- D
(B), (C) and (D) only
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