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The Long-Run Industry Supply Curve Is the Graphic Representation of the Quantity

Question 172

Multiple Choice

The long-run industry supply curve is the graphic representation of the quantity of output that the industry is prepared to


A) supply at different prices after the entry and exit of firms is completed.
B) supply at a single price after the entry and exit of firms is completed.
C) purchase at different prices after the entry and exit of firms is completed.
D) purchase at different prices after the entry of firms is completed.
E) supply at different prices after the exit of firms is completed.

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