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? ( )
选项:
A:The firm is experiencing supernormal profits.
B:The firm is operating at a loss.
C:The firm is earning normal profits.
D:The firm is maximizing its production output.
发布时间:2024-06-04 01:35:44