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In long run equilibrium, a monopolistic competitive firm's price will

dcooper78

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7 months ago

In long run equilibrium, a monopolistic competitive firm's price will

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exceed ATC, but equal MC.

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exceed both MC and ATC.

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be less than both MC and ATC.

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exceed MC, but equal ATC.

Textbook

Economics

Edition: 12^th

Author: Arnold

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parrothead

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7 months ago

More solutions for this book are available here

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dcooper78 Author

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7 months ago

Good timing, thanks!

amandamraz

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You make an excellent tutor!

apelton

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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