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Full equilibrium under perfect competition requires that?
Question 1
Report
Full equilibrium under perfect competition requires that?
MC =MR and AC =AR
MC = MR but AR>AC
MR =MC =AR=AC
TR>TC
MR=MC
Answer Details
Read lesson note on The Theory Of Production (JAMB)
Read lesson note on The Theory Of Price Determination (JAMB)
The Theory Of Production
The Theory Of Price Determination
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