Resources are efficiently allocated when production takes...
Resources are efficiently allocated when production takes place at that output where price equals
Marginal revenue
Average variable cost
Marginal cost
Total cost
Correct answer is A
No explanation has been provided for this answer.
Records of a country's invisible trade are recorded in her_____________. ...
PN equals average revenue or marginal revenue cure of ...
Which of the following is a form of business enterprise? ...
Public expenditure on services, such as education and health, is known as expenditure on ...
The amount of labour hired depends on the ...
One of the problems facing the Nigerian oil and gas industry is____________________? ...