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    Exam 14: Monopolistic Competition
  5. Question
    Which of the Following Is TRUE Regarding the Long Run
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Which of the Following Is TRUE Regarding the Long Run

Question 64

Question 64

Multiple Choice

Which of the following is TRUE regarding the long run for a firm in monopolistic competition?


A) P = ATC = MC = MR
B) P = ATC
C) ATC = MC
D) P = MC

Correct Answer:

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