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When Resources Move from a Low-Profit Industry into a High

Question 63

Multiple Choice

When resources move from a low-profit industry into a high profit industry:


A) the value of production falls.
B) the profits of the low-profit industry fall and the profits of the high-profit industry rise.
C) the profits of the low-profit industry rise and the profits of the high-profit industry fall.
D) the Invisible Hand Property 2 is violated.

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