When Entry and Exit Behaviour of Firms in an Industry

question 240

Multiple Choice

When entry and exit behaviour of firms in an industry does not affect a firm's cost structure,what is the shape of the long-run market supply curve

• A)It must be horizontal.
• B)It must be upward.
• C)It is downward sloping then upward sloping.
• D)It is upward sloping then downward sloping.

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The Fifth Edition of the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification of mental disorders by the American Psychiatric Association.

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Alternatives

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