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Today General Knowledge(GK)
In the long run, under perfect competition price of the factor is equal to
A)
Average revenue product (ARP)
B)
Marginal revenue product (MRP)
C)
Both (a) and (b)
D)
Marginal physical product

Correct Answer : Option (C) - Both (a) and (b)


Published On : May 20, 2021
Category : Business and Economics
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