Which relation holds true in perfect competition market?
A. P = AR – MR
B. P = AR + MR
C. P ≠ AR ≠ MR
D. P = AR = MR
Answer:D
Which relation holds true in perfect competition market?
A. P = AR – MR B. P = AR + MR C. P ≠ AR ≠ MR D. P = AR = MR