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Yeeeee89 Yeeeee89
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5 years ago
In a perfectly competitive market, a firm in long-run equilibrium will be operating

• at the minimum of the marginal cost curve.

• at the minimum of the long-run average cost curve.

• to the right of the minimum of the long-run average cost curve.

• to the left of the minimum of the long-run average cost curve.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Cass S.Cass S.
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Yeeeee89 Author
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5 years ago
Thanks
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