In the Long Run,the Demand Curve Facing a Monopolistically Competitive

question 166

Multiple Choice

In the long run,the demand curve facing a monopolistically competitive firm _____

• A)is perfectly elastic.
• B)slopes upward.
• C)is tangent to the firm's average total cost curve.
• D)lies above the firm's average total cost curve.
• E)is perfectly inelastic.

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