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Home Q & A Board Other Fields Homework Help Business Economics
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CJODAS CJODAS
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6 years ago
In the long run, a perfectly competitive market produces at ________, whereas the monopolistic competitive firm does not.
A) the output at which the lowest average total cost of production is reached
B) an output level at which positive economic profits exist
C) zero economic profits
D) the point at which MR = MC=ATC
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Vrocha21Vrocha21
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6 years ago
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CJODAS Author
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6 years ago
I wanna give this person a hug.
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