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Match the following List-I List-II a Increasing cost industry 1 Negatively...

This question belongs to Management Managerial Economics
Managerial Economics
?

Match the following.
List-I List-II
a. Increasing cost industry 1. Negatively sloped long run supply curve
b. Decreasing cost industry 2. Positively sloped long run supply curve
c. Constant cost industry 3. Horizontal long run supply curve

Answer & Solution
Correct Answer: Option D
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