Under perfect market and in case of decreasing marginal cost the firm's equilibrium with respect to level of production
A. | Cannot be achieved |
B. | Can be achieved after a high level of output |
C. | Can be achieved after a small level of output |
D. | Will result in run-away inflation |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |