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The AR Curve and industry demand curve are the same in case of a) Monopoly b)Olgopoly c)Perfect d)Moopolistic


Dipanshu Sarawagi 11th Oct, 2019
Answer (1)
ADITYA KUMAR Student Expert 11th Oct, 2019

Hello there!

Greetings!

The AR curve and industry demand curve are same in case of Monopoly, so the correct option is monopoly , this is because in case of  monopoly, the price is set above marginal cost and so the firm earns a positive economic profit. Perfect competition produces an equilibrium in which the price and quantity of a good is economically efficient, I think this will be helpful for you .

Thankyou

3 Comments
Comments (3)
14th Oct, 2019
No, Mr. Aditya kumar yours answr is wrong
Reply
14th Oct, 2019
its not monpoly
Reply
14th Oct, 2019
In my book its answer was perfect
Reply

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