The Short-Run Industry Supply Curve Slopes Up Because

question 266

Multiple Choice

The short-run industry supply curve slopes up because

• A) the firms eventually experience diseconomies of scale.
• B) the law of diminishing marginal product applies in the short run.
• C) wages increase as the industry increases output.
• D) the higher price is needed to get more firms to enter the industry.

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Blood Glucose

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Organic compounds consisting of carbon, hydrogen, and oxygen, that are one of the main types of nutrients and a primary source of energy for the body.

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