Marginal revenue curve under perfect competition is

Related MCQs

• A firm under perfect competitions shall be in equilibrium when marginal cost will be equal to marginal revenue and marginal cost curve is still
• If an imperfectly competitive firm is producing a level of output where marginal cost is equal to marginal revenue, marginal revenue is below average variable cost, and price is equal to average total cost, then the firm
• Average revenue curve under perfect competition is
• Marginal revenue curve under imperfect competition is
• Firms in monopolistic competition in long run equilibrium ________ than firms in perfect competition.
• Under perfect competition, MR curve is:
• The demand curve of a firm under perfect competition is :
• Average revenue curve under imperfect competition is
• In pure competition, the marginal revenue of a firm always equals:
• In the short run, a monopolist will shut down if it is producing a level of output where marginal revenue is equal to short-run marginal cost and price is