Q. The equality between MC and MR is (Solved)

1. A necessary condition for equilibrium of the firm under perfect condition

2. A sufficient condition for equilibrium of the firm under perfect competition

3. A necessary but not sufficient condition for equilibrium of the firm under perfect condition

4. A necessary and sufficient condition for equilibrium of the firm under perfect condition

  • c. A necessary but not sufficient condition for equilibrium of the firm under perfect condition
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