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Which competition AR and price are …

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Which competition AR and price are always equal ?

Posted by Shahzeb Alam 6 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Supriyo Ghosh 6 years, 10 months ago

In Perfect Competition type of market, price is always equals to AR. Firms can only sell their product at a price determined by market demand and market supply.

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