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Which of the following is true about a typical competitive firm in the long-run: a. It will produce positive amounts of output at every price

Which of the following is true about a typical competitive firm in the long-run: a. It will produce positive amounts of output at every price b. It will continually be making a large positive economic profits c. At the output level is chooses, it must be the case that MR < r d.All of the above e. None of the above

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