What changes will take place in MR, when : (i) TR increases at an increasing rate, (ii) TR increases at a diminishing rate, (iii) TR increases at a constant rate

What changes will take place in MR, when : (i) TR increases at an incr

1.	What changes will take place in MR, when : (i) TR increases at an increasing rate, (ii) TR increases at a diminishing rate, (iii) TR increases at a constant rate
Answer» Solution :The following changes will TAKE place in MR : (i) MR will increase. (II) MR will decrease, but will REMAIN positive. (iii) MR is CONSTANT.