In the long run equilibrium of a competitive firm, which one of the following will not hold true?

Industrial Engineering Mcqs
BILAL KHATTAK0

A.Price will equal marginal cost
B.Marginal cost will equal average cost
C.Price will equal average cost
D.Prices will equal average variable cost

Related Mcqs:

  1. In the short run, the competitive firm can maximise its profits (or minimise its losses) by
  2. A competitive firm will maximise profits at the output where
  3. In the short run, in cannot produce at an economic profit
  4. Which one of the following pairs is correctly matched?
  5. Average fixed cost
  6. A monopolist makes maximum profits when
  7. Which of the following statement is correct?
  8. The other name of overhed cost is:
  9. Expenditure on fertilizers is called:
  10. If three non-parallel forces hold a rigid body in equilibrium, they must

Leave a Reply

Your email address will not be published. Required fields are marked *