McqMate
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 |
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Fundamentals of Economics and ManagementNo comments yet