Which is true of pure competition but not of monopolistic competition?

Question

Quizplus · Accepted Answer

In pure competition, firms operate at the minimum point on the Average Total Cost (ATC) curve in the long run, indicating the most efficient scale of production. This is not necessarily true in monopolistic competition, where firms can have some degree of market power and differentiation, preventing them from always operating at the minimum point of the ATC curve.

Which Is True of Pure Competition but Not of Monopolistic