Question L: If the cost curves do not change, what is the long run equilibrium quantity?
Qd
QT
Qb
0
Qa
Qc
Price ($)
MC
m
ATC MR3
P3
-
AVC
C
-MR2
P2
-MR,
Quantity
q
Question L: If the cost curves do not change, what is the long run equilibrium quantity?
Qo
QT
Qb
Qa
Qc