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A perfectly competitive firm is advised to close down when the

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** Free 2024 Post UTME CBT Practice**

In the question below choose the option nearest in meaning to the word(s) or phrase(s) ...

Primary succession on a terrestrial habitat is associated with ____________

From the words lettered A to E, choose the word that best completes each of the ...

Primary succession on a terrestrial habitat is associated with ____________

Which of the following is a traditional medium of communication used to mark festivals?

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A perfectly competitive firm is advised to close down when the

A. price is below the marginal cost
B. price is equal to the marginal revenue
C. marginal revenue is equal to the marginal cost
D. price is below the average variable cost




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