Which of the following is true of a monopolistically competitive firm in long-run equilibrium? select the correct answer below: a the firm produces the allocatively efficient level of output. b the firm is allocatively inefficient, because it produces an output level at which price is greater than marginal cost c the firm produces an output level that minimizes average total cost d the firm earns positive economic profits but zero accounting profits

In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b.compensating differentials c. monopoly wages d. wages based on human capital development of each employee