MCQOPTIONS
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				| 1. | 
                                    *$_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 | 
| Answer» C. In the rising segment of the LAC curve | |