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Which of the following holds for a perfectly competitive firm that is in long-run competitive equilibrium? A. P = MC B. SRATC= LRATC C. P

Which of the following holds for a perfectly competitive firm that is in long-run competitive equilibrium?

A. P = MC

B. SRATC= LRATC

C. P = SRATC

D. MR = MC

E. all of the above

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