Re: jnu 2007

Posted by ritu on May 18, 2012; 10:06pm
URL: http://discussion-forum.276.s1.nabble.com/jnu-2007-tp7565621p7566180.html

hi seema:)
in the long rum,in competitive market price is driven down to average cost....so price=min ( AC)
just find AC and mininse it....u will see that its minimum for q=1 which means at q=1 ,ac=1nd thus price=1