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Which of the following wouldnotbe expected to occur in a purely competitive market in long-run equilibrium?

Which of the following wouldnotbe expected to occur in a purely competitive market in long-run equilibrium?
A:consumer and producer surplus will be minimized.
B:P = MC = lowest ATC.
C:the maximum willingness to pay equals the minimum acceptable price.
D:we would expect all of these to occur in the long run in a purely competitive market.

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Which of the following would not be expected to occur in a purely competitive
market in long-run equilibrium?
A: consumer and producer surplus will be minimized.
B: P = MC = lowest ATC.
C: the...

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