In the Long Run,the Profit-Maximizing Output of a Monopolistically Competitive

Multiple Choice

In the long run,the profit-maximizing output of a monopolistically competitive firm _____

A) exceeds that of an otherwise similar perfectly competitive firm.
B) is less than that of an otherwise similar perfectly competitive firm.
C) occurs where average revenue equals marginal revenue.
D) equals that of an otherwise similar perfectly competitive firm.
E) is less than its profit-maximizing output in the short run.