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    Microeconomics Study Set 25
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    Exam 15: Monopolistic Competition and Product Differentiation
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    In Long-Run Equilibrium in Monopolistic Competition,marginal Cost Is
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In Long-Run Equilibrium in Monopolistic Competition,marginal Cost Is

Question 174

Question 174

Multiple Choice

In long-run equilibrium in monopolistic competition,marginal cost is:


A) greater than price.
B) equal to price.
C) less than price.
D) related to price but not in a predictable way.

Correct Answer:

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