Q. When the perfectly competitive firm and industry are both in longrun equilibrium (Solved)
1. p = mr = smc = lmc
2. p = mr = sac = lac
3. p = mr =lowest point on the lac curve
4. all of the above
- d. all of the above
1. p = mr = smc = lmc
2. p = mr = sac = lac
3. p = mr =lowest point on the lac curve
4. all of the above