Multiple Choice Questions on The equilibrium level of output for a perfect competitive firm is given by the point where 2 ma........... for UGC NET ( Commerce) Preparation

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Multiple Choice Questions

The equilibrium level of output for a perfect competitive firm is given by the point where 2 ma...........

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The equilibrium level of output for a perfect competitive firm is given by the point where :  (2 marks)

MR = MC

Incorrect Answer

MR < MC

Incorrect Answer

MR > MC

Incorrect Answer

MR = MC, and MC starts rising.

Correct Answer
Explanation:

MR = MC, and MC starts rising.

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