Anushka posted an Question
June 21, 2021 • 05:02 am 30 points
  • UGC NET
  • Economics

All of the above option seem to be correct . what should be the answer ?

all of the above option seem to be correct . what should be the answer ?

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  • Raveena Best Answer

    In perfect competition, DEMAND curve is parallel to X axis and AR=MR=P=d .. I think option c is the answer . bcz firm incur losses as well.

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    yeah. they have not specified long run so 3 could be incorrect.

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