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Entry of new firms in an increasing-cost industry leads to an upward shift of the LRAC curve.

chomtong

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7 years ago

Entry of new firms in an increasing-cost industry leads to an upward shift of the LRAC curve.

Entry of new firms in an increasing-cost industry leads to an upward shift of the LRAC curve.
A) True
B) False

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goldlilys

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chomtong Author

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7 years ago

Helped a lot

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patod1

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Smart ... Thanks!

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