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dukedan01 dukedan01
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5 years ago
Suppose there are two perfectly competitive industries with similar numbers of firms but where one industry consists of N identical firms while the second consists of N firms with differing costs. Compared to the short-run supply curve of the industry with identical firms, the short-run supply curve of the differing cost industry will tend to be
A) steeper at higher prices.
B) flatter at higher prices.
C) steeper at lower prices.
D) flatter at lower prices.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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g.selahg.selah
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5 years ago
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dukedan01 Author
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5 years ago
Good timing, thanks!
homework1
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Yesterday
You make an excellent tutor!
zsc999
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2 hours ago
This site is awesome
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