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Tidy Tidy
wrote...
Posts: 4852
8 years ago
Long-run equilibrium under monopolistic competition and perfect competition is similar in that
A) firms produce at the minimum point of their average cost curves.
B) price equals marginal cost.
C) firms break even.
D) price equals marginal revenue.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 193 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Tidy Author
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