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Under perfect competition, the long-run equilibrium requires?
Question 1
Report
Under perfect competition, the long-run equilibrium requires?
MR = MC
MR = AC = AR
MR > MC
MR = MC = AR = AC
AR = AC
Answer Details
Read lesson note on The Theory Of Production (JAMB)
Read lesson note on Theory Of Price Determination (WAEC)
The Theory Of Production
Theory Of Price Determination
View Answer