If the Long-Run Supply Curve Is Horizontal, We Know That

question 62

Multiple Choice

If the long-run supply curve is horizontal, we know that this is

• A) a decreasing-cost industry.
• B) a constant-cost industry.
• C) an increasing-cost industry.
• D) a situations in which some input prices change as firms enter and exit the industry.

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Embryonic Stem Cells

Cells derived from early-stage human embryos, capable of developing into nearly any cell type in the body, used for research and potential therapies.

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