Second condition for equilibrium of the firm _______
A. MC curve should cut MR curve from below
B. MC curve should cut MR curve from above
C. MC curve coincides with MR curve
D. None of the above
Answer:A
Second condition for equilibrium of the firm _______
A. MC curve should cut MR curve from below B. MC curve should cut MR curve from above C. MC curve coincides with MR curve D. None of the above