Multiple Choice
In long-run equilibrium in monopolistic competition:
A) marginal cost is greater than price.
B) marginal cost is equal to price.
C) marginal cost is less than price.
D) the relationship between marginal cost and price is not predictable.
Correct Answer:
Verified
Related Questions
Q156: In long-run equilibrium in perfect competition:
A)price is
Q158: In long-run equilibrium in monopolistic competition:
A)price is
