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In a perfectly competitive industry in the short run, if wages increase, which of the following will occur? A. Marginal costs will decrease, and industry

In a perfectly competitive industry in the short run, if wages increase, which of the following will occur? A. Marginal costs will decrease, and industry supply will decrease. B. Marginal costs will increase, and industry supply will decrease. OC. Marginal costs will increase, and industry supply will increase. OD. Marginal costs will not change, but the industry supply will increase

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