Economics Mcqs
Q To be allocatively efficient a firm must produce where ?
  • A A. The total cost equals demand
  • B B. The average revenue equals the marginal revenue
  • C C. The price equals the average cost
  • D D. The price equals the marginal cost
Previous Profit is measured by ?
Next Normal profit occurs when ?
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Word of the Day
25 Jul
January
a preference or special liking for something; a bias in favour of something.
2021:00:00

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