Parul Asked a Question
October 3, 2021 9:47 pmpts 30 pts
8. Under perfect competition, demand for a factor is its: (A) MRP curve (B) ARP curve C) TRP curve (D) TR- TC dt s: Website: Email: Call Us:7
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  • Rucha rajesh shingvekar thankyou
    The demand curve will shift downward and to the left so that the price of the factor will fall to a level at which price the firms earn only normal profits. Thus, in the long run, ...
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