MCQOPTIONS
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| 1. |
In the long run, any firm will eventually leave the industry if |
| A. | rice does not at least cover average total cost |
| B. | rice does not equal marginal cost |
| C. | conomies of sale are being reaped |
| D. | rice is greater than long run average cost |
| Answer» B. rice does not equal marginal cost | |