Multiple Choice Questions on If TR is Rs 1 00 000 when Rs 20 000 units are sold then AR is equal to ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

If TR is Rs 1 00 000 when Rs 20 000 units are sold then AR is equal to ........

Economics (CUET) Theory of firm under perfect Competition
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    If TR is Rs.1,00,000 when Rs.20,000 units are sold, then AR is equal to:

     

    1,00,000
     

    Incorrect Answer

    20,000

    Incorrect Answer

    5

     

    Correct Answer

    1,20,000

    Incorrect Answer
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    Explanation:

    Option (3) is correct.
    Explanation: AR =TR/Units sold = 1,00,000/ 
    20,000 = 5
     

    By: Parvesh Mehta
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