The optimal range of output for a perfectly competitive firm is

a

AC is lowest

b

AVC is lowest

c

MC is rising

d

MC is falling

Download Offline App Ask a Question

Explanation

Correct Option
d

Video Explanation

No video available

Post your Contribution

Share:

Discussions (1)

klickinstitute
3 years ago

B is the correct answer because a firm is at its optimum size when it produce the greatest output at a minimum cost

Quick Questions

Ask a Question

happysolomon

22nd June, 2026


1 comments
AF

Fifi53453

23rd June, 2026


1 comments

abdullahibabajide63

22nd June, 2026


1 comments