Re: JNU Doubts

Posted by Arushi :)) on May 12, 2014; 3:55am
URL: http://discussion-forum.276.s1.nabble.com/JNU-Doubts-tp7589336p7589347.html

3.
Its b
its a competitive firm and hence it has to choose P = MC
It has a horizontal MC curve and P coincides with it , So at every q P= Mc
 It cant be d @ anjali because MC = K implies TC = k Q and thus Ac = k
So MC and Ac curves are same..