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12 Aug 2018
18. In a perfectly competitive industry, a constant cost industry implies that А. all firms face constant MC. all firms face MC curves that increase at a constant rate as industry output increases. all firms face input prices that are constant as industry output increases None of the above are true. D.
18. In a perfectly competitive industry, a constant cost industry implies that А. all firms face constant MC. all firms face MC curves that increase at a constant rate as industry output increases. all firms face input prices that are constant as industry output increases None of the above are true. D.
Patrina SchowalterLv2
15 Aug 2018