In the long run equilibrium of a competitive firm, which one of the following will not hold true?

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Mr. Dubey

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📊 Industrial Engineering

Q. In the long run equilibrium of a competitive firm, which one of the following will not hold true?

(A) Price will equal marginal cost
(B) Marginal cost will equal average cost
(C) Price will equal average cost
(D) Prices will equal average variable cost

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✅ Correct Answer: (D) Prices will equal average variable cost

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