The total revenue of a firm is increasing at a constant rate. Which of the following is true about this firm?
CUET UG 2025 — Economics Micro
The total revenue of a firm is increasing at a constant rate. Which of the following is true about this firm?
Held on 26 May 2025 · Verified 13 Jul 2026.
Options
- A
It is operating in an imperfect market and can sell any quantity of the good at given price.
- B
It is operating in a perfect market and can sell any quantity of the good at given price.
- C
It is operating in an imperfect market and can sell more only by lowering the price.
- D
It is operating in a perfect market and can sell more only by lowering the price.
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