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true or false? why? If every firm in a perfectly competitive market has an average cost of AC = 16/q +q, and the market demand

true or false? why?

If every firm in a perfectly competitive market has an average cost of AC = 16/q +q, and the market demand curve is given by P = 12 -0.01Q, then the long run equilibrium number of firms, n, will be 60.

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