Doubt

Economics

Why is the answer c and not a ? Isn't MR = MC situation of zero economic profit ? I am a bit confused ..

sradha krishna sunil

CA Final

★ 5K+

03-Dec-22 21:44

583

Answers (4)

Option c correct ans

R Yashwanth Kumar

CA Final

★ 87K+

03-Dec-22 22:27

if the production takes place where long-run marginal cost is equal to marginal revenue and price is not below long-run average cost - then the monopolized market is in long-run equilibrium

R Yashwanth Kumar

CA Final

★ 87K+

03-Dec-22 22:30

Yes c is correct

R K

ACCA Skill

★ 9K+

03-Dec-22 22:38

Option C

Gaurav Choubey

CA Foundation

★ 1K+

04-Dec-22 14:00

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