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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #730567
Introduction to Economics 1 Deneme Sınavı Sorusu #730567
Which of the followings shows the profit maximinizing condition for a perfectly competitive firm?
P<AVC |
AVC<P<AC |
P<AC |
MR = MC = P |
MC > MR |
Yanıt Açıklaması:
For a perfectly competitive firm, the profit maximizing condition can be written as follows:
MR = MC = P
The correct answer is D.
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