In a long-run equilibrium, a firm produces where
A)constant returns to scale are reached.
B)short-run average total cost is at a minimum.
C)long-run average total cost is at a minimum.
D)price equals marginal cost.
E)all of these are true.

Question

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The Answer of In a long-run equilibrium, a firm produces where
A)constant returns to scale are reached.
B)short-run average total cost is at a minimum.
C)long-run average total cost is at a minimum.
D)price equals marginal cost.
E)all of these are true.

In a Long-Run Equilibrium, a Firm Produces Where