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A Firm With Marginal Cost Equals To Its Marginal Revenue Will Produce The Equilibrium Output If It Is In? - Erudites Academy

A firm with marginal cost equals to its marginal revenue will produce the equilibrium output if it is in?

by | Aug 7 | Economics WAEC | 0 comments

A. pure competition only
B. pure monopoly only
C. monopolistic competition only
D. any type of market

Correct Answer:

Option A – pure competition only

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