Use the following to answer question:
Figure: Comparing Long-Run Equilibriums 
-(Figure: Comparing Long-Run Equilibriums) Use Figure: Comparing Long-Run Equilibriums.Which statement is FALSE?
A) The firm in panel (a) produces where price equals marginal cost and average total cost.
B) The firm in panel (b) produces where price equals marginal cost.
C) The firm in panel (b) produces where price equals average total cost.
D) The firm in panel (a) produces where price equals average total cost.
Correct Answer:
Verified
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Figure: Monopolistic
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