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Marina86 [1]
3 years ago
7

In long-run equilibrium, a purely competitive firm will operate where price is:

Business
1 answer:
Anvisha [2.4K]3 years ago
4 0

Answer:

D. equal to MR, MC, and minimum ATC.

Explanation:

Long run equilibrium is the equilibrium of a perfect competitive market occurs, when there is the Marginal Revenue  is equal to the marginal cost and  average total cost of the company product. It is the sum of all the market short run supply curve's series. So the correct option is D. equal to MR, MC, and minimum ATC.

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7 0
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3 years ago
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