Question

A perfectly competitive firm attains equilibrium at a point where -
(A) MR is equal to MC and MC curve intersects MR
curve from below
(B) MC is equal to MR

(C) MC is equal to AC

(D) Both (A) and (B)​

Answer 1

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A perfectly competitive firm attains equilibrium at a point where MR is equal to MC and MC curve intersects MR curve from below.

Answer 2

Answer:

both a and b is the answer

Explanation:

option is d