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The demand schedule in a perfectly competitive market is given by P = 93 - 1.5Q (for Q ≤ 62) and the long-run cost structure of each company is:Total cost: 256 + 2Q + 4Q2 Average cost: 256/Q + 2 + 4Q Marginal cost: 2 + 8QNew companies will enter the market at any price greater than:A 8.B 66.C 81.

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