Give relation between TR and MR when price is constant.(ii) AR and MR when price is constant.

Give relation between TR and MR when price is constant.(ii) AR and MR

1.	Give relation between TR and MR when price is constant.(ii) AR and MR when price is constant.
Answer» <html><body><p></p>Solution :When price is constant, MR = AR = Price. MR and AR coincide, both being <a href="https://interviewquestions.tuteehub.com/tag/parallel-1146369" style="font-weight:bold;" target="_blank" title="Click to know more about PARALLEL">PARALLEL</a> to the X-axis. SInce MR is constant at all output <a href="https://interviewquestions.tuteehub.com/tag/levels-1072811" style="font-weight:bold;" target="_blank" title="Click to know more about LEVELS">LEVELS</a>, TR is a positively sloped straight line making an angle of <a href="https://interviewquestions.tuteehub.com/tag/45-316951" style="font-weight:bold;" target="_blank" title="Click to know more about 45">45</a> <a href="https://interviewquestions.tuteehub.com/tag/degrees-947393" style="font-weight:bold;" target="_blank" title="Click to know more about DEGREES">DEGREES</a> with the axis.<br/>When price is constant, AR = MR or both the curves coincide each other and are parallel to the X-axis</body></html>