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    Exam 12: Perfect Competition and the Supply Curve
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    When a Perfectly Competitive Firm Is in Long-Run Equilibrium,the Firm
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When a Perfectly Competitive Firm Is in Long-Run Equilibrium,the Firm

Question 314

Question 314

Multiple Choice

When a perfectly competitive firm is in long-run equilibrium,the firm is producing at _____ cost.


A) maximum average total
B) maximum average variable
C) minimum marginal
D) minimum average total

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