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which of the following is not true for a perfectly competitive firm in the long run? a)MR=MC b)MC>AC c)P=MC d)P=AC e)SRAC=LRAC
which of the following is not true for a perfectly competitive firm in the long run?
a)MR=MC
b)MC>AC
c)P=MC
d)P=AC
e)SRAC=LRAC
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