Economy, asked by lxks1029, 5 months ago

A ferm can sell more output by attend same prife

Answers

Answered by BubblySnowFake

3

Answer:

In perfectly competitive market any quantity can be demanded at the given price level. When a firm is able to sell more quantity of output at the same price, then AR=MR. Price line is the same as both firm's MR curve and firm's AR curve under the perfect competition

Explanation:

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