The condition for the long run equilibrium of a perfectly competitive firm

Related MCQs

• The competitive firm’s long run supply curve is the portion of it’s …………..curve lies above average total cost.
• In a perfectly competitive market, individual firm
• Firms under perfectly competitive markets generally are
• Analysis of long run and short run affects of decisions on revenue as well as costs is bas ed on
• Analysis of long run and short run affects of decisions on revenue as well as costs is based on
• In the long run all input become …………
• If the short-run average variable costs of production for a firm are rising, then this indicates that:
• The firm's short-run marginal-cost curve is increasing when:
• Which of the following is a short run law
• The short run production function is called;