benchmarks.wiki / Public workspace

MMLU / Which of the following is not correct for the perfectly competitive firm, in the…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Which of the following is not correct for the perfectly competitive firm, in the long run?

choices

  1. price = minimum average cost.
  2. price = marginal revenue.
  3. price = minimum average variable cost.
  4. price = marginal cost.

subject

high_school_microeconomics

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

Official source

initial import