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Q. |
The equality between MC and MR is |
A. | a necessary condition for equilibrium of the firm under perfect condition |
B. | a sufficient condition for equilibrium of the firm under perfect competition |
C. | a necessary but not sufficient condition for equilibrium of the firm under perfect condition |
D. | a necessary and sufficient condition for equilibrium of the firm under perfect condition |
Answer» C. a necessary but not sufficient condition for equilibrium of the firm under perfect condition |
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