In the context of the long-run equilibrium in a competitive industry, what does it mean when the demand curve (AR) is tangential to the firm's long-run average cost curve? ( )
A、Thefirmisexperiencingsupernormalprofits.
B、Thefirmisoperatingataloss.
C、Thefirmisearningnormalprofits.
D、Thefirmismaximizingitsproductionoutput.
发布时间:2025-11-10 03:26:50