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In what type of market must market price always be equal to marginal cost?
Under perfect competition, since there is no room in perfect competition to earn any abnormal profits
What is Market equilibrium?
Market equilibrium is this situation when market demand is equal of market supply
Does the price equal the marginal revenue in a competitive market?
In a competitive market, the price does equal the marginal revenue.
Is marginal revenue equal to price in a perfectly competitive market?
In a perfectly competitive market, marginal revenue is equal to price.
Is the price equal to marginal revenue in a perfectly competitive market?
In a perfectly competitive market, the price is equal to the marginal revenue.
Is the greatest common factor of a pair of numbers always equal to or less?
Always equal to or less than the smaller number, yes.
If the common factor is divided out of the original expression the reduced expression will be equal to the original expression only when?
the common factor is 1.
Is the greatest common factor of two numbers is equal to Lester of the numbers always?
No.
What are the math terms gcf and LCM?
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)
In what type of market must market price always be equal to marginal cost?
Under perfect competition, since there is no room in perfect competition to earn any abnormal profits
What is Market equilibrium?
Market equilibrium is this situation when market demand is equal of market supply
Is the is the least common factor of a set of numbers always equal to one of the numbers in the set?
The least common factor of any two or more positive integers is always 1.
Does the price equal the marginal revenue in a competitive market?
In a competitive market, the price does equal the marginal revenue.
Is marginal revenue equal to price in a perfectly competitive market?
In a perfectly competitive market, marginal revenue is equal to price.
Is the price equal to marginal revenue in a perfectly competitive market?
In a perfectly competitive market, the price is equal to the marginal revenue.
What is the market cap for Equal Energy Ltd EQU?
As of July 2014, the market cap for Equal Energy Ltd. (EQU) is $194,173,341.20.
Does a reciprocal always equal a whole number?
If you multiply them, reciprocals always equal one.
