Question

Which of the following is a second-order condition of short-run equilibrium of firm under perfect competition?

A MC = MR
B MC = Price
C Slope of MR < Slope of MC
D Slope of MC < Slope of MR
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)