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Which of the following is true at the long-run equilibrium in a monopolistically competitive market? A.each firm's output is at the point where revenue is

Which of the following is true at the long-run equilibrium in a monopolistically competitive market?

A.each firm's output is at the point where revenue is maximized

B.each firm earns zero economic profit

C.each firm's output is at the point that minimizes its long-run average cost

D.price is equal to marginal cost

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