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Which of the following is NOT correct for a perfectly competitive firm in long-run equilibrium?

daniellasousa

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Which of the following is NOT correct for a perfectly competitive firm in long-run equilibrium?

Which of the following is NOT correct for a perfectly competitive firm in long-run equilibrium?

• MR = P = AR

• MC = MR > LAC

• SAC = LAC

• LAC = P

Textbook

Economics Today: The Micro View

Economics Today: The Micro View

Edition: 19^th

Author: Miller

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abonaccorso1

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daniellasousa Author

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5 years ago

Helped a lot

zsc999

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Good timing, thanks!

SlimyPencil

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You make an excellent tutor!

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