PN equals average revenue or marginal revenue cure of
...
PN equals average revenue or marginal revenue cure of
An imperfect competitive firm
A monopoly
A perfectly competitive firm
A monopolistic competitive firm
Correct answer is C
The figure PN in the diagram is Average revenue or marginal revenue of a perfect market or perfectly competitive firm.
Similar Questions
In a sole proprietorship decisions are made by the ...
In the balance of payments of a country, tourism is classified under ...
In Nigeria, the bank that can correctly be described as a unit bank is ...
The function of money which makes division of labour possible is its ...
In order to boost agriculture, West African countries should pay more attention to ...
Counter trading is an international arrangement whereby ...
In open market operations, what the Central Banks sells or buys are ...
In the diagram above, what is the excess demand at the price of N60? ...
Which of the following is not true of small companies? They ...