McqMate
Q. |
Long run supply curve of a constant cost industry is |
A. | Horizontal line at a price that is equal to the long run minimum average cost of production |
B. | Horizontal line overlapping X axis |
C. | Vertical line at mid of X axis |
D. | Vertical line overlapping Y axis |
Answer» A. Horizontal line at a price that is equal to the long run minimum average cost of production |
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