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At long-run equilibrium of an industry; Select one: O a. Consumers pay the lowest possible price. b. All statem correct. O c. The firms a
At long-run equilibrium of an industry; Select one: O a. Consumers pay the lowest possible price. b. All statem correct. O c. The firms a normal profit. O d. The price is equal to the long run and short run marginal cost and long run and short run average cost
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