303) On a graph for a perfect competitor, which of the following curves coincide?
Answer is:
The demand curve, average revenue curve, and marginal revenue curve
Related Micro Economics MCQ (GK Set-1) with Answers
Answer is:
It must be earning the highest total revenue that it could earn
Answer is:
Its total cost will equal its AVC at an output of 100 a day multiplied by 100
Answer is:
If, at an output of 100 a day, its AVC would be above Rs.10
Answer is: