The figure below shows a long-run industry supply curve (S_LR) and the demand curve (D) facing the competitive industry. The firms in this industry employ inputs of varying quality and productivity.

-The long-run marginal cost of producing the 20,000^th unit of output is $________.

Question

The figure below shows a long-run industry supply curve (S_LR) and the demand curve (D) facing the competitive industry. The firms in this industry employ inputs of varying quality and productivity.

The figure below shows a long-run industry supply curve (S<sub>LR</sub>) and the demand curve (D) facing the competitive industry. The firms in this industry employ inputs of varying quality and productivity. -The long-run marginal cost of producing the 20,000<sup>th</sup> unit of output is $________.

-The long-run marginal cost of producing the 20,000^th unit of output is $________.

Quizplus · Accepted Answer

The Answer of The figure below shows a long-run industry supply curve (S LR ) and the demand curve (D) facing the competitive industry. The firms in this industry employ inputs of varying quality and productivity. -The long-run marginal cost of producing the 20,000^th unit of output is $________.

The Figure Below Shows a Long-Run Industry Supply Curve (SLR)

The Figure Below Shows a Long-Run Industry Supply Curve (S_LR)