#32 Revenue Curves | TR, AR and MR curves by Hardev Thakur

#32 Revenue Curves | TR, AR and MR curves by Hardev Thakur
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IN this video we have talked about what are different forms of market and what is Total Revenue, Average Revenue, and Marginal Revenue, We also talked about the formulas of Total Revenue(TR), Average Revenue (AR), and Marginal Revenue(MR), and also hoe curves of TR, Ar, and MR moves in case of Perfect competition and in case of Imperfect Competition. At last, we have also discussed the relationship between AR, MR, and elasticity of demand (e). and how the value of MR changes with the value of Elasticity of demand.
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