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  9. Q31
Question 31

which of the following is not true of a firm in equilibrium condition in perfect competition?

  • A.MC is rising
  • B.MC curves cuts AC curves from below
  • C.MR>AR
  • D.MC = AC
  • E.MR = AR
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
1997
Question no.
#31
Type
Objective
Previous · Q30The outward shift to the production possibility curve could be due to Next · Q32 Hoarding in distributive trade leads to

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