The break-even price for a perfectly competitive firm is equal to:
A.the minimum value of average variable cost.
B.the marginal revenue, provided that marginal revenue is equal to marginal cost.
C.the average fixed cost at the output level at which the firm is producing.
D.the minimum value of average total cost.

Question

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The Answer of The break-even price for a perfectly competitive firm is equal to:
A.the minimum value of average variable cost.
B.the marginal revenue, provided that marginal revenue is equal to marginal cost.
C.the average fixed cost at the output level at which the firm is producing.
D.the minimum value of average total cost.

The Break-Even Price for a Perfectly Competitive Firm Is Equal