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When a competitive firm achieves long run equilibrium, then,

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When a competitive firm achieves long run equilibrium, then,

A).  P=MC

B).  MR=MC

C).  P=ATC

D).  All of the above


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Answered by on | Votes 0 |

 All of the above



When a competitive firm achieves long run equilibrium, then, P=MC, MR=MC and P=ATC.

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