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60. In a monopolistically competitive industry in long-run equilibrium A. each firm is making a normal profit. B. each firm is producing the output at
60. In a monopolistically competitive industry in long-run equilibrium A. each firm is making a normal profit. B. each firm is producing the output at which long-run average cost is at its minimum point. C. price equals marginal cost for each firm. D. all of the above E. none of the above
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