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    Exam 12: Perfect Competition
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    If a Market Experiences External Economies,the Long-Run Market Supply
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If a Market Experiences External Economies,the Long-Run Market Supply

Question 104

Question 104

Multiple Choice

If a market experiences external economies,the long-run market supply


A) is perfectly inelastic.
B) is perfectly elastic.
C) curve has a positive slope.
D) curve has a negative slope.
E) has allocative inefficiency.

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