Total profit of a firm in a perfect competitive market is – / » Fundamentals of Economics and Management solved MCQs / By admin Question: Total profit of a firm in a perfect competitive market is – A. Total revenue less total cost B. Marginal revenue less marginal cost C. Total revenue less marginal cost D. Total revenue less variable cost Answer» a. Total revenue less total cost Note: The above multiple-choice question is for all general and Competitive Exams in India.
