Where do AR and MR curves intersect??? At the Y axis or Just beside Y axis?? Is this diagram correct??? 

On an assumption that sales happen only when atleast one unit of the commodity is sold, so in that case AR and MR curve generally intersect at Y axis because we assumed that our diagram is starting from first unit.

But mathematically, it's not true. Literally AR curve and MR curve will never meet at Y-axis.

Anyway, your diagram is correct!

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