Q. The equilibrium of a firm under perfect competition will be determined when

  • (A) Marginal Cost > Average Cost
  • (B) Marginal Revenue > Average Cost
  • (C) Marginal Revenue > Average Revenue
  • (D) Marginal Revenue = Marginal Cost
✅ Correct Answer: (D) Marginal Revenue = Marginal Cost

Published by Gopal Sharma ⭐ 38.32K Points at 27-Sep-2020 02:59 am in Economic

You must be Logged in to update hint/solution

📝 Notes by Other Students/ Teachers

📊 Question Analytics

👁️
722
Total Visits
📽️
6 y ago
Published
🎖️
Gopal Sharma
Publisher
📈
84%
Success Rate