A market in which an organisation price will influence of quantity itself at some point price reduction and necessary to generate additional sales.
in imperfect competition and Organisation price will influence the quantity itself at some point price reduction and necessary to generate additional sales. in average revenue curve for imperfect competition that shows the volume of sale at each possible price. To sell additional unit, the price of all units sold must be reduced. therefore, the marginal revenue curve, also shoes that the marginal revenue for selling one additional unit is less than the price at which it was so because the price of all other unit fall as well. for example Suppose 10 unit can be sold for Rs 50 per unit. The price must be dropped to Rs. 49 per unit to sell 11 units, to Rupees 48 to sell 12 unit and to rupees 47 to sell 13 unit. Accordingly the marginal revenue decreases as volume increases
