A monopolistically competitive firm in a long-run equilibrium will likely produce which of the following? A. a technically efficient amount of output B. less than a technically efficient amount of...

A monopolistically competitive firm in a long-run equilibrium will likely produce which of the following?

A. a technically efficient amount of output


B. less than a technically efficient amount of output and less than an allocatively efficient amount of output


C. more than a technically efficient amount of output but less than an allocatively efficient amount of output


D. an allocatively efficient amount of production.


E. less than a technically efficient amount of output and more than an allocatively efficient