Under perfect market conditions a firm is said to be in equilibrium where

Related MCQs

• Under perfect market conditions an Industry is said to be in equilibrium where
• Under perfect market conditions the supply curve of a firm is represented by
• Long-term equilibrium of an Industry under a perfectly market conditions in achieved when
• What will happen if a firm in perfect competitive market, increase its output by 50%
• Total profit of a firm in a perfect competitive market is –
• In a pure monopoly firm a firm can make abnormal profit at the long run equilibrium level due to
• The market state that satisfy all the essential features of a perfect competitive market except identity of product is known as
• In the long run a firm in perfect competition earns
• In a perfect competitive market price determines –
• In short run a monopolistic competition firm will be in equilibrium where