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Ryanteck Ryanteck
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Posts: 559
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7 years ago
As new firms enter a decreasing-cost industry,
A) the position of the LRAC curve doesnʹt change, but firms move up their LRAC curve.
B) the position of the LRAC curve doesnʹt change, but firms move down their LRAC curve.
C) the LRAC curve shifts down.
D) the LRAC curve shifts up.
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DeToXiFYDeToXiFY
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7 years ago
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Ryanteck Author
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7 years ago
Thank you, thank you, thank you!
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
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2 hours ago
This helped my grade so much Perfect
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