The condition for equilibrium price and quantity under perfect competition is? by Sunday | Oct 30 | Economics JAMB | 0 comments A. MC = AR = TR B. TC =AR = P C. MC = AR = P D. MC = AR = TC Correct Answer: Option C – MC = AR = P Users Also Read These:A body was slightly displaced from its equilibrium…Under conditions of perfect competition; a firm's…In a perfect competition, the market price is determined by?Where p = price in naira, Qd = Quantity demanded and…Advertising expenses would not be necessary under…