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Under perfect competition, both AR and MR are indicated by the same horizontal straight line, because _________

+2 votes

asked Nov 28, 2018 in Class 12 by kratos

Complete the following sentence:

Under perfect competition, both AR and MR are indicated by the same horizontal straight line, because _____

cost
class-12
revenue

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1 Answer

+1 vote

answered Dec 7, 2020 by kratos

Best answer

Under perfect competition, both AR and MR are indicated by the same horizontal straight line, because AR is constant.

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