A. MC = MR
B. AC = MC
C. AVC = AC
D. MC = AVC
Correct Answer:
Option A – MC = MR
Both in the short run and in the long run, a firm maximizes its profits when?
Products
-
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
-
Co-Ownership Structures and Land Acquisition Methods in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
-
Rights in Community Land and Fundamental Land Concepts in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
-
Customary Land Control and the Origins of Nigeria's Land Use Act
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
-
Land Ownership Principles and Transaction Laws in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.