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The price of an acoustic guitar is $300, and the average total cost is $100. Based on this information, which of the following statements

The price of an acoustic guitar is $300, and the average total cost is $100. Based on this information, which of the following statements is true? Select the best answer. Answer 2 Points 4 O The market is in equilibrium. O Musical instrument firms will enter the market. O Musical instrument firms will exit the market. Key

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