Multiple Choice Questions on If the slope of the long run supply curve for a perfectly competitive industry is positive the indus........... for 12th Standard Preparation

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Multiple Choice Questions

If the slope of the long run supply curve for a perfectly competitive industry is positive the indus...........

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    If the slope of the long-run supply curve for a perfectly competitive industry is positive, the industry experiences 

    internal economies.

    Incorrect Answer

    external economies.

    Incorrect Answer

    external diseconomies.

    Correct Answer

    internal diseconomies

    Incorrect Answer
    Explanation:

    external diseconomies.

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