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    Microeconomics Study Set 13
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    Exam 11: Pure Competition in the Long Run
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    The MR = MC Rule Applies
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The MR = MC Rule Applies

Question 65

Question 65

Multiple Choice

The MR = MC rule applies


A) in the short run but not in the long run.
B) in the long run but not in the short run.
C) in both the short run and the long run.
D) only to a purely competitive firm.

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