why is AR = 2MR in case of imperfect competition ?
Hi Akanksha,
A similar question has already been answered at the link given below. Refer to the link.
https://www.meritnation.com/ask-answer/question/why-is-ar-in-imperfect-competition-equal-to-twice-of-mr/production-and-costs/7316659
https://www.meritnation.com/ask-answer/question/why-is-ar-in-imperfect-competition-equal-to-twice-of-mr/production-and-costs/7316659