a
price is below the marginal cost
b
price is equal to the marginal revenue
c
marginal revenue is equal to the marginal cost
d
price is below the average variable cost
Explanation
Correct Option
dNo explanation available
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Dillion4real
4 years ago
Option D is very correct the only situation should a perfectly competitive firm is advise to close down is when the market price is blow the average variable cost
