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25-12-2021
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choose the correct answer for the given statement :

Relationship of TR and MR in perfect competition

(i) TR > MR
(ii) TR = MR
(iii) TR < MR
(iv) None of the above

Respuesta :

17-01-2022

Answer:

(ii) TR = MR

Explanation :

TR = MR in perfect competition beacuse the firm was price-taker.

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