Business, 19.10.2019 11:10 mruffier8909

How does the long-run equilibrium for a monopolistically competitive market differ from the long-run equilibrium for a perfectly competitive market? one way in which monopolistically competitive markets and perfectly competitive markets differ is that in long-run equilibrium, monopolistically competitive firms a. charge a price greater than marginal cost . b. do not earn zero economic profits. c. charge a price less than marginal revenue. d. produce at minimum marginal cost. e. produce where marginal revenue is less than marginal cost.

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How does the long-run equilibrium for a monopolistically competitive market differ from the long-run...

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