Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![68. When a competitive firm achieves
long run equilibrium, then,
A. O P=MC
B. O MR=MC
C. O P=ATC
D. O All of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1dde77cd-7d1d-48d7-b9cf-26db341cdf90%2Fc91867b2-72fe-4626-b967-98341fc68774%2Fv27a9xc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:68. When a competitive firm achieves
long run equilibrium, then,
A. O P=MC
B. O MR=MC
C. O P=ATC
D. O All of the above
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