Multiple Choice
What of the following is completely true in long run, monopolistically competitive equilibrium?
A) the slope of the demand and average cost curves are the same, , and .
B) the slope of the demand and average cost curves are negative, , and
C) the slope of the demand and average cost curves are positive, , and
D) the slope of the demand and average cost curves are the same, , and .
Correct Answer:

Verified
Correct Answer:
Verified
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