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Suppose the resource costs increase in a perfectly competitive industry. This change will result in a(n): Multiple Choice decrease in marginal costs for a firm
Suppose the resource costs increase in a perfectly competitive industry. This change will result in a(n): Multiple Choice decrease in marginal costs for a firm in the industry. increase in average fixed costs for a firm in the industry. decrease in average variable costs for a firm in the industry. leftward shift in the short-run supply curve for a firm in the industry
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