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

Essentials of Economics


Edition: 4th
Authors:
Read 204 times
1 Reply
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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Helped a lot
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