Business Studies, asked by mdaliansari7473, 1 year ago

how would the Nigerian election affect WASSCE, NECO, JAMB

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Answered by IamSonu
0

In perfectly competitive markets the demand curve, the average revenue curve, and the marginal revenue curve all coincide and are horizontal at the market-given price.[3] The demand curve is perfectly elastic and coincides with the average and marginal revenue curves. Economic actors are price-takers. Perfectly competitive firms have zero market power; that is, they have no ability to affect the terms and conditions of exchange.

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