Market Help me

Economics

In market they are saying AR curve =demand curve please explain why is it so with a valid reason

Dhakshana Dhakshana

CFA L2

★ 18K+

24-Oct-21 18:41

608

Answers (4)

Demand curve is downward sloping and represents average revenue. YOu can refer to a demand curve and understand.

CA Suraj Lakhotia

Admin

24-Oct-21 19:05

It is assumed that the demand in the market creates the same amount of revenue. That is, if there is a demand for 100kg of mangoes in the market, then demand = 100kg An equal amount of revenue is generated So AR = demand Economics is fully based on assumptions

Christeena Ambel

CA Inter

★ 5K+

24-Oct-21 19:50

Christeena Ambel

Thank you bro

Thread Starter

Dhakshana Dhakshana

CFA L2

★ 18K+

24-Oct-21 23:17

Thread Starter

Dhakshana Dhakshana

Thank you bro

^_^

Christeena Ambel

CA Inter

★ 5K+

25-Oct-21 00:44