Relation between TR, AR and MR Schedule | Firm
In this article we will discuss about the relation between TR, AR and MR with the help of Tables 3.1 and 3.2. In Table 3.1, presented TR, AR and MR schedules (hypothetical) of a competitive firm. Remember that, under perfect competition, the firm can sell more or less any quantity of its product at the price determined in the market, [...]