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Consider the perfectly competitive market for printing paper. In this market, the long-run average cost is minimized at $4.00 per box of printing paper and

Consider the perfectly competitive market for printing paper. In this market, the long-run average cost is minimized at $4.00 per box of printing paper and a quantity of 1000 boxes. If we assume all firms have the same costs and that they do not change as firms enter or exit, what can we conclude about the long-run equilibrium outcome in this market

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