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:A major assumption in a perfectly competitive market…The demand curve of a perfect competitive market is…In a situation where the finished product of…The producer in a perfectly competitive market is…The short-run equilibrium in a perfectly competitive…