Which of the following is correct when the perfectly competitive firm is producing its long-run equilibrium output level?
a. MR equals MC.
b. AR equals ATC.
c. P equals MC.
d. All of these.
d. All of these.
Economics
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As of 2013, how large is the debt of developing countries to the rest of the world?
A) $350 million B) $350 billion C) $7 trillion D) $35 trillion E) $3.5 trillion
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M1 money includes all but which one of the following?
A. checkable deposits B. savings accounts C. paper money D. coins
Economics