Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter8: Perfect Competition
Section: Chapter Questions
Problem 33CTQ: Since a perfectly competitive firm can sell as much as it wishes at the market price, why can the...
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Transcribed Image Text:15. At the point of equilibrium of firm
(under perfect competition)
A. O MC curve must be rising
B. O MC curve must be falling
C.
MR cure must be rising
D. O None of the above
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