Marginal Revenue (MR) curve is a straight horizontal line in ______

CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · June 2013
Marginal Revenue (MR) curve is a straight horizontal line in ______
(A) Perfectly competitive market
(B) Monopolistic competitive market
(C) Oligopoly market
(D) Monopoly market.

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Perfectly competitive market.

Topics: Business Economics

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