Question: 8 2 points In monopolistic competition, the long - run equilibrium price exceeds marginal cost because firms face downward - sloping demand curves. True False

8
2 points
In monopolistic competition, the long-run equilibrium price exceeds marginal cost because firms face downward-sloping demand curves.
True
False
8 2 points In monopolistic competition, the long-run equilibrium price exceeds

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