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InterviewSolution
| 1. |
When does TR make an angle of 45^(@) ? |
| Answer» <html><body><p></p>Solution :When Price remains same at all output levels, then <a href="https://interviewquestions.tuteehub.com/tag/tr-661737" style="font-weight:bold;" target="_blank" title="Click to know more about TR">TR</a> <a href="https://interviewquestions.tuteehub.com/tag/increases-1040626" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASES">INCREASES</a> at a constant rate (<a href="https://interviewquestions.tuteehub.com/tag/due-433472" style="font-weight:bold;" target="_blank" title="Click to know more about DUE">DUE</a> to constantMR). As a result, TR curve is a `<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/positively-7259849" style="font-weight:bold;" target="_blank" title="Click to know more about POSITIVELY">POSITIVELY</a> sloped straight line.</body></html> | |