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    Microeconomics Study Set 3
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    Exam 13: Oligopoly and Monopolistic Competition
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    In the Long Run,a Monopolistic Competitor
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In the Long Run,a Monopolistic Competitor

Question 88

Question 88

Multiple Choice

In the long run,a monopolistic competitor


A) sets MR = MC.
B) produces where P = AC.
C) sets P > MC.
D) All of the above.

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