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    Exam 9: Perfect Competition in a Single Market
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    For an Increasing Cost Industry,the Long-Run Supply Curve Has A(n)elasticity
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For an Increasing Cost Industry,the Long-Run Supply Curve Has A(n)elasticity

Question 35

Question 35

Multiple Choice

For an increasing cost industry,the long-run supply curve has a(n) elasticity of supply


A) infinite.
B) negative.
C) positive.
D) zero.

Correct Answer:

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