Time management is very much important in IIT JAM. The eduncle test series for IIT JAM Mathematical Statistics helped me a lot in this portion. I am very thankful to the test series I bought from eduncle.
Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
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.
yeah. they have not specified long run so 3 could be incorrect.