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Quiz
Related Lesson
Entry, Exit, and Supply Curves: Increasing Costs
Knowledge Check
Knowledge Check
Question 1 of 3
What is the least common cost structure for an industry?
a.
Costs decrease as industry output increases.
b.
Costs increase as industry output increases.
c.
Costs stay the same as industry output increases.
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Related Courses
Course
Principles of Microeconomics
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