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Use the Figure Below to Answer the Following Question

Question 8

Multiple Choice

Use the figure below to answer the following question.
Use the figure below to answer the following question. Figure 12.5.1 -Refer to Figure 12.5.1.Given the increase in market demand from D<sub>0</sub> to D<sub>1</sub>,the graph represents A) a constant cost industry. B) an increasing cost industry. C) a decreasing cost industry. D) an inefficient market. E) a market experiencing a technological change. Figure 12.5.1
-Refer to Figure 12.5.1.Given the increase in market demand from D0 to D1,the graph represents


A) a constant cost industry.
B) an increasing cost industry.
C) a decreasing cost industry.
D) an inefficient market.
E) a market experiencing a technological change.

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