The equilibrium of a firm under perfect competition will be determined – McqOptions

MCQOPTIONS

1.	The equilibrium of a firm under perfect competition will be determined when :
A.	Marginal Revenue u003e Average Revenue
B.	Marginal Revenue = Marginal Cost
C.	Marginal Cost u003e Average Cost
D.	Marginal Revenue u003e Average Cost
Answer» C. Marginal Cost u003e Average Cost

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