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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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Banking System and Capital Market Questions and Answers for Competitive Exams
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Question
In a perfectly competitive market, a firm’s
A
Average Revenue is always equal to Marginal Revenue
B
Marginal Revenue is more than Average Revenue
C
Average Revenue is more than Marginal Revenue
D
Marginal Revenue and Average Revenue are never equal
View Answer
Answer & Explanation
Answer: Option [A]
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