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    Principles of Microeconomics
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    Exam 9: Long-Run Costs and Output Decisions
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    An Industry with a Positive-Sloping Long-Run Supply Curve Is Called
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An Industry with a Positive-Sloping Long-Run Supply Curve Is Called

Question 324

Question 324

Multiple Choice

An industry with a positive-sloping long-run supply curve is called a(n) ________ industry.


A) constant-cost
B) decreasing-cost
C) increasing-cost
D) decreasing-profit

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