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Advertising Causes A(n)________ Shift of the LRATC Curve

Question 156

Multiple Choice

Advertising causes a(n) ________ shift of the LRATC curve.The goal of successful advertising is to generate enough increase in demand to produce at a ________ point on the new LRATC curve.


A) downward; lower
B) downward; higher
C) upward; lower
D) upward; higher
E) leftward; higher

Correct Answer:

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