M

Mr. Dubey • 52.30K Points
Coach 

Q. In the short run, the competitive firm can maximise its profits (or minimise its losses) by

(A) equating price and marginal revenue
(B) equating price and average total cost
(C) increasing marginal cost and lowering average fixed costs
(D) equating marginal cost and marginal revenue
Correct : Option (D)

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