The slope of the curve in the given diag

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Home Questions UN6E639SR4

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Theory of Firms under Perfect Competition

Question:

The slope of the curve in the given diagram (Aq1/Oq1) represents which of the following?

Options:

Total Revenue

Total Cost

Market Price

Marginal Cost

Correct Answer:

Market Price

Explanation:

The correct answer is Option 3: Market Price