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Which of the following is true under monopolistic competition in the long run? a. P = MC b. P = ATC. c. P = MR

Which of the following is true under monopolistic competition in the long run?

a. P = MC

b. P = ATC.

c. P = MR

d. All of the choices are true in monopolistic competition.

e. There is no long run equilibrium for monopolistically competitive firms.

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