Since producers must be compensated for the rising, Ask an Expert

Economics

Since producers must be compensated for the rising opportunity cost that accompanies increases in output,

a. the law of demand applies to most markets

b. supply curves usually slope downward

c. demand curves usually slope downward

d. supply curves usually slope upward

e. technical inefficiency would not exist in the long run

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91271953

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