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QUESTION
In the long run in monopolistic competition, the demand curve facing each firm: is perfectly elastic B. slopes upward C. is tangent to the firm's...
In the long run in monopolistic competition, the demand curve facing each firm:A. is perfectly elasticB. slopes upwardC. is tangent to the firm's average total cost curve.D. lies above the firm's average total cost curve.E. is the same as the portion of the firm's marginal cost curve above average variable cost.
