For a perfectly competitive market, the long-run equilibrium is where: P = AVC P = AFC P = ATC P = MC both (c) and (d)
Posted: Fri Jul 08, 2022 6:40 am
For a perfectly competitive market, the long-run equilibrium iswhere:
P = AVC
P = AFC
P = ATC
P = MC
both (c) and (d)
P = AVC
P = AFC
P = ATC
P = MC
both (c) and (d)