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