Question 37

In the long run, the equilibrium point of a monopolistic firm is a point where the

  • A.marginal cost curve is tangential to the average fixed cost curve
  • B.demand curve is tangential to the average variable cost curve
  • C.supply curve is tangential to the marginal cost curve
  • D.demand curve is tangential to the average cost curve
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2014/2015
Question no.
#37
Type
Objective

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