Figure: Perfect Competition
(Figure: Perfect Competition) Look at the figure Perfect Competition.In the figure, a perfect competitor will produce at:
A.the intersection of marginal revenue and marginal cost.
B.the intersection of demand and marginal cost.
C.the intersection of demand and average total cost.
D.the intersection of marginal revenue and average total cost.

Question

Figure: Perfect Competition
   (Figure: Perfect Competition) Look at the figure Perfect Competition.In the figure, a perfect competitor will produce at: 
A.the intersection of marginal revenue and marginal cost.
B.the intersection of demand and marginal cost.
C.the intersection of demand and average total cost.
D.the intersection of marginal revenue and average total cost.

Quizplus · Accepted Answer

The Answer of Figure: Perfect Competition
   (Figure: Perfect Competition) Look at the figure Perfect Competition.In the figure, a perfect competitor will produce at: 
A.the intersection of marginal revenue and marginal cost.
B.the intersection of demand and marginal cost.
C.the intersection of demand and average total cost.
D.the intersection of marginal revenue and average total cost.

Figure: Perfect Competition (Figure: Perfect Competition) Look at the Figure