In the long run, firms in monopolistic competition do not attain productive efficiency because they produce a.

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In the long run, firms in monopolistic competition do not attain productive efficiency because they produce

a. at a point where economic profits are positive.

b. at a point where marginal revenue is less than marginal cost.

c. at a point to the left of the low point of their long-run average total cost curve.

d. where marginal cost is equal to long-run average total cost.

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