In the short run, which of the following condition is mandatory for a firm for its profit maximization at q₀?
CUET UG 2025 — Economics Micro
In the short run, which of the following condition is mandatory for a firm for its profit maximization at q₀?
Held on 13 May 2025 · Verified 13 Jul 2026.
Options
- A
Price must be greater than the average cost
- B
The price must be greater than the marginal cost.
- C
Marginal cost must be deceasing at q₀.
- D
Price must be greater than the average variable cost
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