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Which market structure is characterized by production efficiency in the long run?

Which market structure is characterized by production efficiency in the long run?

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It can be mentioned that for a perfect competitive market, the production efficiency in the long run exists because you can see what happens in a perfectly competitive market in the long run is there are free entry and exit of firms such that the profit is zero where the average total cost is equal to that of price and at this level production efficiency is reached and that is the reason why you can understand that production efficiency in the long run is achieved by perfectly competitive market structure

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