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

In the long run, which of the following is applicable to a firm undermonopolistic competition

/ » Micro economics 2 solved MCQs / By
Question:

In the long run, which of the following is applicable to a firm undermonopolistic competition

A.

AR = AC

B.

AR > AC

C.

AR < AC

D.

AR = MC

Answer» a. AR = AC

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