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Figure 6.5 -Figure 6.5 Shows the Short-Run and Long-Run Effects of an of an Increase

Question 196

Multiple Choice

Figure 6.5 -Figure 6.5 shows the short-run and long-run effects of an increase in demand of an industry. The industry is: A) a constant-cost industry. B) an increasing-cost industry. C) a decreasing-cost industry. D) There is not sufficient information. Figure 6.5
-Figure 6.5 shows the short-run and long-run effects of an increase in demand of an industry. The industry is:


A) a constant-cost industry.
B) an increasing-cost industry.
C) a decreasing-cost industry.
D) There is not sufficient information.

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