If TR curve is parallel to X Axis then give the AR and MR curves???
It means that since TR curve is parallel to X axis Ed = 1
Hence the Demand Curve should be a rectangular Hyperbola
Dear student,
When TR curve is parallel to X- axis, then MR is zero. Therefore, MR curve is also a horizontal straight line and coincides with the output-axis.
When TR curve is parallel to X-axis, then the demand curve will be downward sloping.
When TR curve is parallel to X- axis, then MR is zero. Therefore, MR curve is also a horizontal straight line and coincides with the output-axis.
When TR curve is parallel to X-axis, then the demand curve will be downward sloping.