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    Exam 9: Perfect Competition
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    In a Decreasing Cost Industry,the
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In a Decreasing Cost Industry,the

Question 227

Question 227

Multiple Choice

In a decreasing cost industry,the


A) long-run supply curve is horizontal
B) short-run supply curve slopes downward
C) long-run demand curve slopes upward
D) long-run supply curve slopes downward
E) long-run supply curve slopes upward

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