Under perfect competition profit is maximized at the point-09423
Under perfect competition, profit is maximized at the point where:
This multiple choice question (MCQ) is related to the book/course
vu eco404 Managerial Economics.
It can also be found in
vu eco404 Final Term - Quiz No.6.
Under perfect competition, profit is maximized at the point where:
Marginal Cost = Marginal Revenue
Marginal cost = Average revenue
Average cost = marginal revenue
Average cost = Average revenue
