#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
For a firm in a perfectly competitive market, all units are sold at the same price regardless of quantity
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open itFor a firm in a perfectly competitive market, all units are sold at the same price regardless of quantity, so that average revenue and marginal revenue are both equal to the market price, or AR = MR = price. Original toplevel document (pdf)
owner:
iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p64
Summary
status | not read | | reprioritisations | |
---|
last reprioritisation on | | | suggested re-reading day | |
---|
started reading on | | | finished reading on | |
---|
Details