False
Under perfect competition, since there is no room in perfect competition to earn any abnormal profits
Market equilibrium is this situation when market demand is equal of market supply
In a competitive market, the price does equal the marginal revenue.
In a perfectly competitive market, marginal revenue is equal to price.
In a perfectly competitive market, the price is equal to the marginal revenue.
Always equal to or less than the smaller number, yes.
the common factor is 1.
No.
GCF - Greatest Common Factor (GCF is always smaller or equal to at least one of the numbers) LCM - Least Common Multiple (LCM is always greater or equal to at least one of the numbers)
Under perfect competition, since there is no room in perfect competition to earn any abnormal profits
Market equilibrium is this situation when market demand is equal of market supply
The least common factor of any two or more positive integers is always 1.
In a competitive market, the price does equal the marginal revenue.
In a perfectly competitive market, marginal revenue is equal to price.
In a perfectly competitive market, the price is equal to the marginal revenue.
As of July 2014, the market cap for Equal Energy Ltd. (EQU) is $194,173,341.20.
If you multiply them, reciprocals always equal one.