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Author Question: Which of the following is true of a monopolistically competitive firm in the long run? The firm will (Read 113 times)

knightj

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on: Oct 12, 2022
Which of the following is true of a monopolistically competitive firm in the long run? The firm will
◦ earn positive economic profits.
◦ produce where price exceeds the minimum of average costs.
◦ produce the output where average costs are minimized.
◦ lose money.
◦ operate where price = marginal cost.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by knightj on Oct 12, 2022

studyforce.com

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Reply #1 on: Oct 12, 2022
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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knightj

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

xthemafja

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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