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What Happens If Some Resources Used in Production May Only

Question 25

Multiple Choice

What happens if some resources used in production may only have limited quantities


A) The firm's long-run supply curve may be upward sloping.
B) The firm's short-run supply curve may be downward slopping.
C) The firm's long-run supply curve may be horizontal.
D) The firm's short-run supply curve may be horizontal.

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