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Give me solution of all parts QUESTION 36 In the long run, it for a firm in a competitive market, at the level of output

image text in transcribedGive me solution of all parts

QUESTION 36 In the long run, it for a firm in a competitive market, at the level of output where P=MR = MC, the price is less than the firm's long run average cost, P LAC, a. the price will decrease unt P = LAC b. the price will stay the same the price will increase unti PLAC QUESTION 38 Examining the equilibrium conditions of individual markets and for households and forms separately is referred to as a. partial equilibrium analysis b.general equilibrium analysis. Ci comparative statics d. officiency analysis

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