Question 0

The sufficient condition for a firm to be in equilibrium is that the

  • A.firm must show that it is profitable
  • B.marginal cost must be equal to average revenue
  • C.marginal revenue curve is above the average revenue curve
  • D.marginal cost curve cuts the marginal revenue curve from below
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
2022
Question no.
#0
Type
Objective

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