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Title: The long-run equilibrium of a monopolistically competitive firm is characterized by Post by: asjstr on Mar 2, 2019 The long-run equilibrium of a monopolistically competitive firm is characterized by
• price equal to marginal cost. • production at the minimum point of the firm's average variable cost curve. • a tangency of the average total cost curve with the firm's demand curve. • production at the minimum point of the firm's average total cost curve. Title: The long-run equilibrium of a monopolistically competitive firm is characterized by Post by: vande746 on Mar 2, 2019 Content hidden
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