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In a perfectly competitive market, the process of entry and exit will end when, for firms in the market, A. marginal revenue is equal to average variable cost. B. All of the answers are correct. C. economic
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In a perfectly competitive market, the process of entry and exit will end when, for firms in the market,

A. marginal revenue is equal to average variable cost.
B. All of the answers are correct.
C. economic profits are zero.
D. price is equal to average variable cost.

User Ali Emili
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1 Answer

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My answer is A I might be wrong or right I don’t truly understand
User Havanagrawal
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