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MG TRAC 15 Price and costs (dollars per pizza! MR 200 300 400 Quantity (pizzas per day) The figure above shows the marginal revenue and

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MG TRAC 15 Price and costs (dollars per pizza! MR 200 300 400 Quantity (pizzas per day) The figure above shows the marginal revenue and long-run cost curves for a perfectly competitive firm. Which of the following statements is TRUE? Select one O a. The firm is producing at minimum long-run average cost. b. The firm is earning positive economic profit. O c. The firm will eventually decrease its production. O d. Over time, this firm will leave this industry

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