In a constant cost industry:
A)price may be greater than, less than, or equal to Average Cost.
B)the firm's long run supply curve is horizontal.
C)price is determined by a Walrasian auctioneer.
D)the efficient scale of production increases with time.

Question

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The Answer of In a constant cost industry:
A)price may be greater than, less than, or equal to Average Cost.
B)the firm's long run supply curve is horizontal.
C)price is determined by a Walrasian auctioneer.
D)the efficient scale of production increases with time.

In a Constant Cost Industry