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kaarnold98 kaarnold98
wrote...
Posts: 496
5 years ago
In a long-run equilibrium, a perfectly competitive firm's average total cost is

• equal to average fixed cost.

• minimized.

• higher than the market price.

• zero.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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coltonf1coltonf1
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Posts: 392
5 years ago
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kaarnold98 Author
wrote...

5 years ago
Just got PERFECT on my quiz
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Brilliant
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