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For a firm operating in a perfectly competitive industry Multiple Choice controlling the market price is easily achievable. an improvement in technology will both reduce

For a firm operating in a perfectly competitive industry Multiple Choice controlling the market price is easily achievable. an improvement in technology will both reduce marginal cost and shift both the firm and industry supply curve to the left. an improvement in technology will reduce marginal cost. an improvement in technology will shift the firm and industry supply curve to the left

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