Economics · Market Structure (Perfect Competition)
What is the equilibrium condition of a firm in the long run under perfect competition?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1AC < MR
- 2AC = MR = AR✓
- 3AC > MR
- 4AR > MR
Correct answer
AC = MR = AR
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Market Structure (Perfect Competition) MCQs →Want more practice questions on Market Structure (Perfect Competition)?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Market Structure (Perfect Competition)