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content area Part 1 In long-run equilibrium which of the following is true for the firms in a perfectly competitive industry? Part 2 A. P
content area Part 1 In long-run equilibrium which of the following is true for the firms in a perfectly competitive industry? Part 2 A. P = MR > MC = ATC. B. P = MR = MC > ATC. C. P > MR > MC = ATC. D. P = MR = MC = ATC
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