For an Increasing Cost Industry,the Long-Run Supply Curve Has A(n)elasticity

question 35

Multiple Choice

For an increasing cost industry,the long-run supply curve has a(n) elasticity of supply

• A)infinite.
• B)negative.
• C)positive.
• D)zero.

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Definitions:

Habit

A regular practice or routine that is hard to give up, often performed automatically and can influence one's health and behavior significantly.

Motivation

A mechanism that triggers, steers, and upholds activities focused on attaining objectives.

External Factors

Various outside influences that can affect a person's behavior, decisions, health, and psychological development, including social, environmental, and economic factors.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity.