In which of the following conditions there will be no profit and no loss for the firm?

In which of the following conditions there will be no profit and no loss for the firm? BHU BA Social Paper answer, BHU Entrance Exam MCQ Question ans

Question: In which of the following conditions there will be no profit and no loss for the firm?

(1) MC = AR

(2) AR = AC

(3) AC = MR

(4) None of the above


Correct Answer: (2) AR = AC


In which of the following conditions there will be no profit and no loss for the firm?


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