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-Refer to the Above Figure

question 7

Multiple Choice

  -Refer to the above figure. Which panels represent long run equilibrium for the perfectly competitive firm and monopolistic competitive firm, respectively? A)  Panel C & Panel A. B)  Panel C & Panel B. C)  Panel B & Panel C. D)  Panel C & Panel D.
-Refer to the above figure. Which panels represent long run equilibrium for the perfectly competitive firm and monopolistic competitive firm, respectively?


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