question archive In the long run, the price charged by the monopolistically competitive firm attempting to maximize profits _____ a
In the long run, the price charged by the monopolistically competitive firm attempting to maximize profits _____ a
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In the long run, the price charged by the monopolistically competitive firm attempting to maximize profits _____
a. must be less than ATC.
b. must be more than ATC.
c. may be either equal to ATC, less than ATC, or more than ATC.
d. will be equal to ATC.
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