Home / MCQ Bank / Commerce

Commerce Economics Difficulty: Medium

Assertion (A) All firms under perfect competition in long run earn only normal profit. Reason (R) All firms under perfect competition in long run operate at the minimum average cost level.

Select the correct option to test your answer:

More Commerce Questions

Expand the term IGMS. Preference shares can be redeemed Long term planning is In a big office, the Franking Machine is a useful time-saver for: The first Mutual Fund Scheme in India was introduced by