

McqMate
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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