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Business, 03.12.2021 01:00 amandasantiago2001
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that at the optimal quantity for each firm. Furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium is the minimum average total cost. True or False: This indicates that there is a markup on marginal cost in the market for shirts.
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Because this market is a monopolistically competitive market, you can tell that it is in long-run eq...
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