A firm under perfect competition will maximize profits when its / » Micro economics 2 solved MCQs / By admin Question: A firm under perfect competition will maximize profits when its A. total revenue is equal to its total cost B. marginal revenue is equal to its marginal cost C. the difference between marginal revenue and marginal cost is the greatest D. total cost is greater than total revenue Answer» b. marginal revenue is equal to its marginal cost Note: The above multiple-choice question is for all general and Competitive Exams in India.
