Question:
The equilibrium of a firm under perfect competition will be determined when
The equilibrium of a firm under perfect competition will be determined when
Updated On: Jul 31, 2024
- Marginal Cost > Average Cost
- Marginal Revenue > Average Cost
- Marginal Revenue > Average Revenue
- Marginal Revenue = Marginal Cost
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The Correct Option is D
Solution and Explanation
The correct option is (D) : Marginal Revenue = Marginal Cost.
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