1.

When marginal revenue is positive and constant, average and total revenue will both increase at constant rate.

Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :False : Only total revenue will <a href="https://interviewquestions.tuteehub.com/tag/increase-1040383" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASE">INCREASE</a> at a <a href="https://interviewquestions.tuteehub.com/tag/costant-2550125" style="font-weight:bold;" target="_blank" title="Click to know more about COSTANT">COSTANT</a> rate, whereas, average revenue will be <a href="https://interviewquestions.tuteehub.com/tag/constant-930172" style="font-weight:bold;" target="_blank" title="Click to know more about CONSTANT">CONSTANT</a>.</body></html>


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