Question

Match the following:

a. Increasing cost industry

b. Decreasing cost industry

c. Constant cost industry curve

a) A-1, B-2, C-3

b) A-2, B-1, C-3

c) A-3, B-2, C-1

d) A-2, B-1, C-3

1. Positively sloped long run supply

2. Negatively sloped long run supply

3. Horizontal long

Answer 1

Answer:

c

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Answer 2

Answer:

Hence,

correct match the pairs option C)

A-3 . B-2 . C - 1