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Equilibrium in the long run

This would be a fallacy to suppose that: (w) a purely competitive firm’s demand curve is perfectly elastic. (x) a purely competitive firm’s supply curve is the marginal cost above the minimum point of the AVC. (y) purely competitive firms generate where MR = MC. (z) purely competitive firms can create economic profits into the long run.

Hey friends please give your opinion for the problem of Economics that is given above.

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