Question

For a monopolistically competitve firm in long run equilibriumA) The demand curve must intersect the

average total cost curve at the ATC curve minnimum

B) The demand curve must be tangent to the average total cost curve at the ATC curve minimum

C) At the profit -maximizing quantity, the demand curve must intersect the total cost curve

D) At the profit- maximizing quantity, the demand curve must be tangent to the average total cost curve

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