In the long run, a firm in a monopolistic competitive market will produce the amount of goods where the long run boderline cost (LRMC) curve intersects boderline revenue (MR). The price will be set where the quantity produced falls on the average revenue (AR) curve.
zero economic profits In the long-run equilibrium, all firms in monopolistically competitive markets will earn zero economic profits.
Thus, product the amount of goods where the long run boderline cost (LRMC) curve intersects boderline revenue (MR).
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