Economy, asked by balakarthikak, 7 months ago

In Monopolistic Competition, a Firm is in long run equilibrium — (a) at the minimum point of the LAC Curve. (b) in the declining segment of the LAC Curve. (c) In the rising segment of the LAC Curve. (d) when price is equal to Marginal Cost.

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Answered by AamnahHaidry16

4

Answer: Option B

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