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Under monopolistic competition, super normal profit arise when

/ » Micro economics 2 solved MCQs / By
Question:

Under monopolistic competition, super normal profit arise when

A.

AR=AC

B.

MR=MC

C.

AR>AC

D.

AR<AC

Answer» c. AR>AC

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