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Please answer the following question. State whether the answer is true or false and provide a one sentence explanation. 19. If the firm's min average

Please answer the following question. State whether the answer is true or false and provide a one sentence explanation.

19. If the firm's min average cost is equal to 50$, then in the long run, it will always operate in a competitive market if the equilibrium price is between 405605. True/false Explain

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