Long-run equilibrium price is known as:  A. Market price  B. Reserve price  C. Normal price  D. Support price

Question

Long-run equilibrium price is known as:  A. Market price  B. Reserve price  C. Normal price  D. Support price
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Solution 1

The long-run equilibrium price is also known as the Normal price. So, the answer is C. Normal price. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve st

problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you

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