An industry operating in a perfect competitive market sit...
An industry operating in a perfect competitive market situation will maximum profit when
DD = SS
DD < SS
MC > AC
MC < AR
MC = MR
Correct answer is E
No explanation has been provided for this answer.
Which of the following is a form of business enterprise? ...
Which of the following is a disadvantage of large scale production? ...
A commodity is described as inferior when the ...
The difference in each country's total output on specification is ...
If the government imposes a minimum price on a commodity ...
An important function of the price system is to ...
Which of the following source of income is spectacular only to Government? ...
The petro-chemical industries are located in Rivers State of Nigeria due to _______ ...