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Author Question: Long-run equilibrium under monopolistic competition and perfect competition is similar in that (Read 348 times)

Marty

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on: Oct 8, 2019

Long-run equilibrium under monopolistic competition and perfect competition is similar in that


◦

firms produce at the minimum point of their average cost curves.


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price equals marginal cost.


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price equals marginal revenue.


◦

firms break even.

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Marked as best answer by Marty on Oct 8, 2019

nguyenhoanhat

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Reply #1 on: Oct 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Marty

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Reply #2 on: Oct 8, 2019
Excellent


nguyenhoanhat

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Reply #3 on: Oct 8, 2019
Great! Please up vote :D


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