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ken80 ken80
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10 months ago

In long run equilibrium, the monopolistic competitor will most likely



be earning zero economic profit.



be operating at the lowest point on its average total cost curve.



charge a price that is equal to marginal revenue.



charge a price that is equal to marginal cost.



c and d

Textbook 
Economics

Economics


Edition: 12th
Author:
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oth987oth987
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10 months ago
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ken80 Author
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10 months ago
Smart ... Thanks!
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Thanks
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Brilliant
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