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In the long-run equilibrium, perfectly competitive firms produce the level of output such that Select one .a. average total cost is minimized .b. marginal cost

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In the long-run equilibrium, perfectly competitive firms produce the level of output such that Select one .a. average total cost is minimized .b. marginal cost is minimized .C. marginal cost equals the price d. Both answers B and C are correct CLEAR MY CHOICE

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