Question: Price (dollars per unit) Answer the following question based on the figure given below: 23 22 16 12 11 0 14 17 19 MC

Price (dollars per unit) Answer the following question based on the figure

Price (dollars per unit) Answer the following question based on the figure given below: 23 22 16 12 11 0 14 17 19 MC ATC AVC MR Quantity (units) Consider the perfectly competitive firm in the figure above. At what price will long-run equilibrium occur?

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