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Explain which cost-industry is reflected in the graph below, by explaining what's happening exactly in it. Decreasing-cost Industry Supply: Supply LRIS Price ($) Demand, Demand

  1. Explain which cost-industry is reflected in the graph below, by explaining what's happening exactly in it.

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Decreasing-cost Industry Supply: Supply LRIS Price ($) Demand, Demand Units of Output (q)Decreasing-cost Industry Supply: Supply LRIS Price ($) Demand, Demand Units of Output (q)

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