Join our Telegram Channel

Banking System and Capital Market Questions and Answers for Competitive Exams

Question

In a perfectly competitive market, a firm’s

A Average Revenue is always equal to Marginal Revenue
B Marginal Revenue is more than Average Revenue
C Average Revenue is more than Marginal Revenue
D Marginal Revenue and Average Revenue are never equal

Answer & Explanation

Answer: Option [A]

Advertisement
Advertisement

Miscellaneous GK Questions

Read More Economics Solved Questions

Today's Top Current Affairs

current affairs 2022 pdf plan

Current Affairs MCQs

State-wise Current Affairs

General Knowledge

Month-wise Current Affairs 2022

Category-wise Current Affairs

Jobs by Qualification

Free Mock Test