sail_e_0_practice_paper_1662888579527496.jpg

Economics


When the perfectly competitive firm and industry are in long run equilibrium, then
Options:
A. P = MR = SAC = LAC
B. D = MR = SMC = LMC
C. P = MR = Lowest point on the LAC curve
D. All of the above

 Next Question
Answer: Option D

Submit Solution

Your email address will not be published.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



sail_e_0_practice_paper_1662888579527496.jpg