If a Monopolistically Competitive Firm Is in Long-Run Equilibrium, Then

question 67

Multiple Choice

If a monopolistically competitive firm is in long-run equilibrium, then

• A)ATC = MR.
• B)AFC = MR.
• C)P = ATC and P > MC.
• D)P = ATC and P = MC.
• E)d = AR and AR = MR

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