An industry operating in a perfect competitive market situation will maximum profit when? by Sunday | May 4 | Economics NECO | 0 comments A. DD = SS B. DD < SS C. MC > AC D. MC < AR E. MC = MR Correct Answer: Option E – MC = MR Users Also Read These:The producer in a perfectly competitive market is…Perfect knowledge of events in a perfect market will…In the long run, a firm in a perfectly competitive…The excess profit made by a firm in a competitive…Which of the following reasons explains the upward…