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Home Q & A Board Other Fields Homework Help Business Economics
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Laurent Laurent
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6 years ago
The supply curve for a business in perfect competition slopes upward to the right because higher prices are necessary to cover increasing marginal opportunity costs from diminishing marginal productivity.

True or False?
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
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martrekmartrek
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6 years ago
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