firm an upward-sloping straight line? Why does the curve pass through the origin?
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Why is the total revenue curve of a price-taking firm an upward-sloping straight line? Why does the curve pass through the origin?
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The total revenue curve for a company in a perfectly competitive marketplace is an upward sloping curve due to the fact the rate or AR remains steady and MR is also same to AR. Therefore, TR can handiest be prompted through altering the output offered, because the charge stays constant. The growth in TR is within the identical proportion because the boom in the output sold.

The curve passes via the beginning, which means that no matter what the price level is, if the output bought is 0, TR may also be 0.
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