What Is the Shape of the Long-Run Supply Curve in a Decreasing-Cost

question 307

Multiple Choice

What is the shape of the long-run supply curve in a decreasing-cost industry?

• A) horizontal
• B) increasing
• C) downward sloping
• D) upward sloping

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Connected

Being linked or related, especially in a social, digital, or networking context.

Lack Purpose

A feeling or state wherein individuals or entities see no clear meaning, direction, or worthwhile goal in activities or life in general.

Functionalism

A theoretical perspective in sociology and anthropology that interprets each part of society in terms of how it contributes to the stability of the whole society.

Harmony

A state of balance and agreement in relationships or between different elements within a system.