Comment on the shape of the MR curve in case the TR curve is a (i) positively sloped straight line, (ii) horizontal straight line.

Comment on the shape of the MR curve in case the TR curve is a (i) pos

1.	Comment on the shape of the MR curve in case the TR curve is a (i) positively sloped straight line, (ii) horizontal straight line.
Answer» <html><body><p></p>Solution :(i) <a href="https://interviewquestions.tuteehub.com/tag/mr-549185" style="font-weight:bold;" target="_blank" title="Click to know more about MR">MR</a> curve will be a horizontal straight line parallel to X-axis because positively sloped straight line TR curve indicates that revenue from every additional <a href="https://interviewquestions.tuteehub.com/tag/unit-1438166" style="font-weight:bold;" target="_blank" title="Click to know more about UNIT">UNIT</a> sold (i.e. MR) remains same for every level of output. <br/> (ii) When TR curve is a horizontal striaght line, MR will be <a href="https://interviewquestions.tuteehub.com/tag/zero-751093" style="font-weight:bold;" target="_blank" title="Click to know more about ZERO">ZERO</a>. It happens because horizontal TR indicates that TR remains same at levels of output. It is possible only when revenue from additional unit sold (i.e. MR) is zero. MR curve <a href="https://interviewquestions.tuteehub.com/tag/coincides-921338" style="font-weight:bold;" target="_blank" title="Click to know more about COINCIDES">COINCIDES</a> with X-axis.</body></html>