In a constant-cost industry,the long-run market supply curve is
A) horizontal
B) vertical
C) upward sloping
D) downward sloping
E) the same slope as the typical firm's supply curve
Correct Answer:
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Q189: In a perfectly competitive market,an increase in
Q190: In a perfectly competitive market,a decrease in
Q191: Q192: The long-run supply curve is downward sloping Q193: Assume that an inferior good is produced Q195: Assume that the producers of an input Q196: The long-run supply curve is upward sloping Q197: In a competitive market,a decrease in consumer Q198: In a competitive constant-cost industry,an increase in Q199: ![]()
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