Explain Alfred Marshall’s theory of a long run (long period) competitive equilibrium (the theory still used to this day to explain the long-run outcome of perfectly competitive markets).

Explain Alfred Marshall’s theory of a long run (long period) competitive equilibrium (the
theory still used to this day to explain the long-run outcome of perfectly competitive markets).
What is the relationship between the price of a commodity and its unit cost in the long run? What
are the processes that force market prices toward that long run outcome? Does utility play a role
in the determination of price in the long run?

find the cost of your paper