Q.

In short run a monopolistic competition firm will be in equilibrium where

A. MR = curve intersect SMC curve from above
B. MR curve intersect SMC curve from below
C. MC = AR
D. MR curve intersect SMC from below and P is equal to or more than AVC
Answer» D. MR curve intersect SMC from below and P is equal to or more than AVC
3.1k
0
Do you find this helpful?
19

Discussion

No comments yet