The condition for equilibrium price and quantity under perfect competition is? By: Sunday|Published on: Oct 30|Categories: 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:Equilibrium price is the price at which quantity?Where p = price in naira, Qd = Quantity demanded and…If the government fixed the price of a commodity…The distinction between perfect competition and…Which of the following is not true of a firm in…SEE ALSO Standardization of products or services is a feature of?