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Line (2)in the Accompanying Diagram Reflects the Long-Run Supply Curve

Question 126

Multiple Choice

Line (2) in the accompanying diagram reflects the long-run supply curve for A) a constant-cost industry. B) a decreasing-cost industry. C) an increasing-cost industry. D) a technologically progressive industry. Line (2) in the accompanying diagram reflects the long-run supply curve for


A) a constant-cost industry.
B) a decreasing-cost industry.
C) an increasing-cost industry.
D) a technologically progressive industry.

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