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In the Long Run,a Firm in Monopolistic Competition Will

Question 80

Multiple Choice

In the long run,a firm in monopolistic competition will


A) produce so that its price equals marginal cost.
B) operate at the minimum of the long-run average cost.
C) overutilize its insufficient capacity.
D) produce so that its price equals average total cost.
E) be dependent on the other firms in the industry.

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