If an Industry's Long-Run Supply Curve Is Negatively-Sloped,the Industry Has

question 50

Multiple Choice

If an industry's long-run supply curve is negatively-sloped,the industry has

• A)increasing costs.
• B)decreasing costs.
• C)constant costs.
• D)impossible to predict.

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Definitions:

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A form of bilirubin that is water soluble and has been processed by the liver, making it a useful measure of liver function and health.

Red Blood Cell

A type of blood cell that is responsible for carrying oxygen throughout the body.

Salmonella Genus

A group of bacteria that are a common cause of foodborne illness, often found in undercooked poultry, eggs, and contaminated water.

Bacterial Infections

Invasions and multiplication of pathogenic bacteria in the body, leading to diseases that can range from mild to life-threatening.