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zmudasam zmudasam
wrote...
Posts: 473
Rep: 9 0
5 years ago
A decreasing-cost industry will have

• a perfectly elastic long-run supply curve.

• a downward sloping supply curve in the long run.

• an upward sloping demand curve in the long run.

• a perfectly inelastic long-run supply curve.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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wrote...
5 years ago
a downward sloping supply curve in the long run.
zmudasam Author
wrote...
5 years ago
Appreciate the effort, thank you!
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