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    Economics Principles and Policy Study Set 2
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    Exam 13: Between Competition and Monopoly
  5. Question
    In the Long Run, a Monopolistically Competitive Firm's Demand Curve
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In the Long Run, a Monopolistically Competitive Firm's Demand Curve

Question 52

Question 52

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In the long run, a monopolistically competitive firm's demand curve must be tangent to its average cost curve.

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