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Wednesday, 22 April 2026
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A perfectly competitive firm is advised to close down when the
Classroom
Economics Classroom
Jamb
Jamb 2006
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A perfectly competitive firm is advised to close down when the
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Price is below the marginal cost
B
Price is equal to the marginal revenue
C
Marginal revenue is equal to the marginal cost
D
Price is below the average variable cost
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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Accounts - Principles of Accounts
Animal Husbandry
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