The spirit of equating marginal cost with marginal revenue is not held by
Group of answer choices
perfectly competitive firms.
oligopolistic firms.
both (a) and (b).
none of the above.
Ans.- none of the above
The condition MR = MC holds for profit maximization by all types of firms including perfectly competitive, monopoly ,oligopoly .
The spirit of equating marginal cost with marginal revenue is not held by Group of answer...