Question

for a monopolistically competiitive firm in long run equilibrium: A. mr=mc B. number if firms and...

for a monopolistically competiitive firm in long run equilibrium:
A. mr=mc
B. number if firms and products is constant
C. economic profit is zero
D. the average total cost curve is tangent to the demand curve at the quantityat which the marginal revenue curve intersects marginal cost curve
E. all of the above

Homework Answers

Answer #1

Hence , Option "E" is corre that is all of the above.

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