Marginal revenue is equal to price for which one of the following types of marketstructure?

by
Question:

Marginal revenue is equal to price for which one of the following types of marketstructure?

A.

Monopoly

B.

Perfect competition

C.

Monopolistic competition

D.

Oligopoly

Answer» b. Perfect competition

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