MCQOPTIONS
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| 1. |
In the long run equilibrium of a competitive firm, which one of the following will not hold true? |
| A. | Price will equal marginal cost |
| B. | Marginal cost will equal average cost |
| C. | Price will equal average cost |
| D. | Prices will equal average variable cost |
| E. | None of the above |
| Answer» E. None of the above | |