In a long-run equilibrium, A. only a perfectly competitive firm operates at its efficient scale. B. both a perfectly competitive firm and a monopolistically competitive firm operate at their efficient scale of production. C. only a monopolistically competitive firm operates at its efficient scale.
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Home » Business » In a long-run equilibrium, A. only a perfectly competitive firm operates at its efficient scale. B. both a perfectly competitive firm and a monopolistically competitive firm operate at their efficient scale of production. C.