How to understand equilibrium of the firm in the short run and long run (perfect competition) - Quora
![In long-run competitive market equilibrium, price equals: a) minimum average variable cost b) minimum average total cost c) maximum marginal cost d) minimum fixed cost | Homework.Study.com In long-run competitive market equilibrium, price equals: a) minimum average variable cost b) minimum average total cost c) maximum marginal cost d) minimum fixed cost | Homework.Study.com](https://homework.study.com/cimages/multimages/16/4_018853838190669870083.jpg)
In long-run competitive market equilibrium, price equals: a) minimum average variable cost b) minimum average total cost c) maximum marginal cost d) minimum fixed cost | Homework.Study.com
![Explain how the long-run equilibrium under oligopoly differs from that of perfect competition. - eNotes.com Explain how the long-run equilibrium under oligopoly differs from that of perfect competition. - eNotes.com](https://s3.amazonaws.com/user-content.enotes.com/adc6bfef7a4c322c85af92531eb64b3a30384069.png)