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AndrewKraus AndrewKraus
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6 years ago
Which of the following is true of long-run equilibrium price in a monopolistically competitive market?
A) It is equal to average total cost.
B) It is less than average total cost.
C) It is higher than average total cost.
D) It is lower than marginal cost.
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Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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6 years ago
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AndrewKraus Author
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#2
6 years ago
I'll share this with my friends, thank you for being there
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