Marginal revenue is equal to the price under

CA Foundation · Business Economics · MTP · April 2025
Marginal revenue is equal to the price under
(A) A. Monopoly market structure
(B) B. Oligopoly form of market
(C) C. Monopolistically competitive market
(D) D. Perfect competition

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Perfect competition

Topics: Price Determination in Different Markets

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