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(Solved): In the long-run equilibrium of a monopolistically competitive industry Multiple Cholce P= minim ...



In the long-run equilibrium of a monopolistically competitive industry
Multiple Cholce
\( P= \) minimum (ATC).
\( P>m \mid n

In the long-run equilibrium of a monopolistically competitive industry Multiple Cholce minimum (ATC). ATC)


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There is monopolistic competition. The concept of the long-run equilibrium is the key here. Explanation:In this competition, many firms are producing
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