A perfectly competitive firm should expand output when

By Rebecca
1 Min Read

A perfectly competitive firm should expand output when

A) Rising marginal cost is less than price

B) Rising marginal cost is less than the average cost

C) Rising marginal cost is less than the marginal revenue

D) None of the above

Correct Answer :

Option (D) – None of the above

 

A perfectly competitive firm should expand output when

Read more: Which energy source generates the least greenhouse gases

By Rebecca
Follow:
Rebecca is an Independent content writer for breldigital, She writes content on any given topic. She loves to write a case study article or reviews on a brand, Be it any topic, she nails it