In perfect competition a firm's price is equal to its marginal revenue which is again equal to average revenue. This form maximizes its profits when its marginal cost (MC) is equal to price (p). Which of the curves in the diagram below represents the firm's marginal cost (MC)?

Home School News C B T Classroom

Friday, 08 November 2024

Register • Login

In perfect competition a firm's price is equal to its marginal revenue which is ...

Trending Questions

** Free 2024 Post UTME CBT Practice**

Which is the dominant form of tax in Nigeria

Which of the following group does NOT reproduce asexually?

The postulate of Dalton's atomic theory which still holds is that

Make y the subject of the formula Z = x\(^2\) + \(\frac{1}{y^3}\)

When a share is sold for less than its nominal value, the difference is debited to

Take Free Practice Test On 2024 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

In perfect competition a firm's price is equal to its marginal revenue which is again equal to average revenue. This form maximizes its profits when its marginal cost (MC) is equal to price (p). Which of the curves in the diagram below represents the firm's marginal cost (MC)?

A. Curve I
B. Curve ll
C. Curve lll
D. Curve lV
E. Curves l and lll

Prev Current Next

Featured Information

Apply Now: FG Bilateral Education Agreement (BEA) 2024 Scholarship Awards

NECO GCE 2022 Registration Form | Instructions And Guidelines

Post-Utme 2022: List Of Schools Whose Post UTME Forms Are Out 2022/2023

JAMB CAPS 2021/2022: How To ACCEPT Or REJECT Admission Offer

Joint Admission And Matriculation Board (JAMB) Results 2022/2023

2022 WAEC GCE Registration Form | Instructions & Guidelines

Agbami Scholarship Campaign For Nigerians 2021

Jamb Introduces New Literature Text For Language Subjects And Literature In English For 2022 UTME

Stanbic IBTC University Scholarship 2021 For Nigerian Students

UBA Extends Application Deadline For Essay Submission

STAY UPDATED
FOLLOW US ON :

Facebook

Subjects

• Accounts - Principles of Accounts

• Animal Husbandry

• Agricultural Science

• Arabic

• Biology

• Book Keeping

• Chemistry

• Commerce

• Christian Religious Knowledge (CRK)

• Civic Education

• Computer Studies

• English Language

• Economics

• Fine Arts

• French

• Further Mathematics

• Geography

• Government

• History

• Hausa

• Insurance

• Igbo

• Islamic Religious Knowledge (IRK)

• Literature in English

• Mathematics

• Music

• Physics

• Physical Education

• Sweet Sixteen

• The Life Changer

• Yoruba

About

Back to Top

...

Disclaimer

All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com

Register • Login