Question: Question 3 In the long run equilibrium in a perfectly competitive market, the firms produce at the average total cost and the price equals the

Question 3 In the long run equilibrium in a perfectly competitive market, the firms produce at the average total cost and the price equals the possible average total cost. possible Not yet answered Marked out of 1.00 Flag question Select one: O a. lowest: highest O b. highest; highest lowest: lowest O d. highest; lowest

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