Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

In pure competition, the marginal revenue of a firm always equals:

/ » Micro economics 2 solved MCQs / By
Question:

In pure competition, the marginal revenue of a firm always equals:

A.

product price.

B.

total revenue.

C.

average total cost.

D.

marginal cost.

Answer» a. product price.

Note: The above multiple-choice question is for all general and Competitive Exams in India.