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In the long run, a perfectly competitive market produces at whereas the monopolistically competitive firm does not. Select one: O a. an output level at
In the long run, a perfectly competitive market produces at whereas the monopolistically competitive firm does not. Select one: O a. an output level at which positive economic profits exist O b. zero economic profits O c. the output at which the lowest average total cost of production is reached O d. the point at which MR = MC=ATC
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