The basic behavioural principle which apply to all market conditions:

CA Foundation · Business Economics · MTP · April 2025
The basic behavioural principle which apply to all market conditions:
(A) A. A firm should product only if its TR ≥ TVC
(B) B. A firm should produce at a level where its MC= MR
(C) C. MC curve cuts the MR curve from below
(D) D. All the above

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. All the above

Topics: Price Determination in Different Markets

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