MCQOPTIONS
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| 1. |
Equilibrium output is determined by |
| A. | the eauality between Average cost and Average revenue |
| B. | the equality between total variable cost u0026 Marginal revenue |
| C. | the equality between total cost u0026 total revenue. |
| D. | the equality between Marginal cost u0026 Marginal revenue. |
| Answer» B. the equality between total variable cost u0026 Marginal revenue | |