The condition of short run equilibrium under monopolistic competition is

May 9, 2021 – by admin

Question:

The condition of short run equilibrium under monopolistic competition is

A.

MC=MR

B.

AC=MR

C.

AC=AR

D.

AR=MR

Answer» a. MC=MR

Note:

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