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  3. Study Set
    Introductory Economics 1
  4. Exam
    Exam 2: Economic Concepts and Principles
  5. Question
    If the Long Run Cost Curve Shifts Down Wards It
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If the Long Run Cost Curve Shifts Down Wards It

Question 1

Question 1

Multiple Choice

If the long run cost curve shifts down wards it is an indication of


A) technological progress
B) lower factor prices
C) both of these
D) reserve capacity

Correct Answer:

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