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Does a competitive firms price equal its marginal cost in the short run in the long run or both Provide specific examples to support your answers Does a competitive firms price equal the minimum

Does a competitive firms price equal its marginal cost in the short run in the long run or both Provide specific examples to support your answers Does a competitive firms price equal the minimum

Does a competitive firm’s price equal its marginal cost in the short run, in the long run, or both? Provide specific examples to support your answers. Does a competitive firm’s price equal the minimum of the average total cost in the short run, in the long run, or both?

 
mahesh 17-Mar-2020

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