dcompton7469 dcompton7469

26-12-2023
Business

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In long-run equilibrium for a single-price monopolist,

A. the plant size is always the one at the bottom of the long-run ATC curve.
B. output is at the level where short-run and long-run marginal costs are the same.
C. marginal cost equals ATC.
D. marginal revenue equals price.

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