Refer to the information provided in Figure 9.7 below to answer the question(s) that follow. Figure 9.7
-Refer to Figure 9.7. This increasing cost industry's ________ would be found by drawing a line from points B to E.
A) marginal revenue curve
B) marginal cost curve
C) long-run demand curve
D) long-run supply curve

Question

Refer to the information provided in Figure 9.7 below to answer the question(s) that follow.  Figure 9.7
-Refer to Figure 9.7. This increasing cost industry's ________ would be found by drawing a line from points B to E.
A) marginal revenue curve 
B) marginal cost curve 
C) long-run demand curve 
D) long-run supply curve

Quizplus · Accepted Answer

The long-run supply curve in an increasing cost industry can be found by connecting points B to E, as it reflects how the price and quantity supplied change in the long run when industry costs increase as production expands.

Refer to the Information Provided in Figure 9