Question: 1 8 A supply curve that is parallel to the horizontal axis suggests that Multiple Choice 0 1 : 0 6 : 3 0 the

18
A supply curve that is parallel to the horizontal axis suggests that
Multiple Choice
01:06:30
the industry is organized monopolistically.
the relationship between price and quantity supplied is inverse.
a change in demand will change price in the same direction.
a change in demand will change the equilibrium quantity but not price.
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A student will decide to attend class when
the marginal cost is low.
the marginal benefit of attending exiceeds the marginal cost of attending.
the marginal benefit is positive.
there is an attendance policy.
1 8 A supply curve that is parallel to the

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