Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test General Knowledge Economy National Income Accounting
Which one of the following is NOT correct?
1
The Average Revenue and Marginal Revenue curves of a perfectly competitive firm are perfectly elastic
2
The Marginal Revenue curve of the monopoly firm is above its Average Revenue curve
3
In the long-run, a competitive firm earns only normal profits
4
More than one of the above
5
None of the above