Home » Economics » A perfectly competitive firm is advised to close down when theA perfectly competitive firm is advised to close down when the A perfectly competitive firm is advised to close down when the A. price is below the marginal cost B. price is equal to the marginal revenue C. marginal revenue is equal to the marginal cost D. price is below the average variable cost Correct Answer: Option D Explanation Related Posts The largest liability appearing in the book of a commercial bank is Age-structure in Nigeria is such that the working age-group is in the years The labour force of a country best describes The World Trade Organization is responsible for The three groups of government revenue are? A shift in supply curve indicates that a different quantity will be supplied at each…
