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With reference to #s 105 and 106, suppose that Radical Board's manager simply verifies employment for the camp director. During Keller's first month at the camp, he is able to gain access to the girls at night and sexually assaults 3 of them. The girls' parents have brought suit against the camp as well as Radical Boards. The camp:
Supply Increase
A situation where the quantity of a good or service that is available to consumers rises.
Increasing-Cost Industry
An increasing-cost industry is one in which costs of production increase as the industry expands, often due to factors like limited resources or higher input prices.
Long-Run Supply Curve
A graphical representation showing quantities of goods a firm is willing and able to supply at different prices over a long period, assuming all inputs are variable.
Decreasing-Cost Industry
Industry whose long-run supply curve is downward sloping.
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