In Monopolistic Competition, in the Long Run Customers Pay a Price

question 22

Multiple Choice

In monopolistic competition, in the long run customers pay a price that is

• A) more than the minimum ATC.
• B) equal to both the minimum ATC and the minimum AVC.
• C) less than the minimum ATC.
• D) equal to the minimum ATC, but not equal to the minimum AVC.

---

Definitions:

Asthenia

A medical term for weakness or lack of energy and strength.

Alzheimer Disease

A progressive neurodegenerative disorder characterized by memory loss, cognitive decline, and behavioral changes due to brain cell death.

Glioma

A type of tumor that occurs in the brain and spinal cord, originating from glial cells.

Guillain-Barré Syndrome

A rare neurological disorder where the body's immune system mistakenly attacks part of its peripheral nervous system.