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  9. Q13
Question 13

A firm with marginal cost equal to its marginal revenue will produce the equilibrium output if it is in

  • A.pure competition only
  • B.pure monopoly only
  • C.monopolistic competition only
  • D.any type of market
Objective

Question details

Exam body
UNIPORT
Subject
Economics
Year
2009/2010
Question no.
#13
Type
Objective
Previous · Q12The price mechanism is more effective in achieving efficient performance of the… Next · Q14 If the price elasticity of demand for a certain commodity is less than unity…

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