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    Principles of Microeconomics
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    Exam 9: Long-Run Costs and Output Decisions
  5. Question
    An Industry with a ________ Long-Run Supply Curve Is Called
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An Industry with a ________ Long-Run Supply Curve Is Called

Question 285

Question 285

Multiple Choice

An industry with a ________ long-run supply curve is called a constant-cost industry.


A) horizontal
B) positive sloping
C) negative sloping
D) vertical

Correct Answer:

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