In the long-run equilibrium, a monopolistically competitive organisation makes zero profit because: Select one: a. marginal...

In the long-run equilibrium, a monopolistically competitive organisation makes zero profit because:

Select one:

a. marginal revenue will equal marginal cost

b. price will equal marginal cost

c. marginal cost intersects the minimum of average total cost

d. price will equal average total cost

Expert Solution

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Rahul Sunny answered 1 year ago

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