In the Long-Run,a Firm in Monopolistic Competition Produces at an Output

question 67

Multiple Choice

In the long-run,a firm in monopolistic competition produces at an output level where

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