Business, 12.03.2020 22:48 sweaversw9602
In a long-run equilibrium, A. only a monopolistically competitive firm operates at its efficient scale. B. only a perfectly competitive firm operates at its efficient scale. C. both a perfectly competitive firm and a monopolistically competitive firm operate at their efficient scale of production. D. neither a competitive firm nor a monopolistically competitive firm charges a markup over marginal cost.
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