Economics · Market Structures
In a perfectly competitive market, as output increases, the Total Revenue (TR) increases at a:
- 1Diminishing rate initially, then increasing rate
- 2Constant rate✓
- 3Decreasing rate
- 4Increasing rate
Correct answer
Constant rate
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Market Structures?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Market Structures