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    Principles of Economics Study Set 12
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    Exam 9: The Rise and Fall of Industries
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    An Industry with an Upward-Sloping Long-Run Supply Curve Experiences
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An Industry with an Upward-Sloping Long-Run Supply Curve Experiences

Question 74

Question 74

Multiple Choice

An industry with an upward-sloping long-run supply curve experiences


A) external diseconomies of scale.
B) the law of increasing costs.
C) diminishing returns.
D) a loss of efficiency.
E) external economies of scale.

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