The AR Curve and industry demand curve are the same in case of a) Monopoly b)Olgopoly c)Perfect d)Moopolistic
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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
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phrma D is available yes ar not
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