Q411
Match the following. List-I List-II a. Increasing cost industry 1. Negatively sloped long run supply curve b. Decreasing cost industry 2. Positively sloped long run supply curve c. Constant cost industry 3. Horizontal long run supply curve
Match the following.
| List-I | List-II |
| a. Increasing cost industry | 1. Negatively sloped long run supply curve |
| b. Decreasing cost industry | 2. Positively sloped long run supply curve |
| c. Constant cost industry | 3. Horizontal long run supply curve |
A.
a-3, b-1, c-2
B.
a-3, b-2, c-1
C.
a-2, b-3, c-1
D.
a-2, b-1, c-3
AnswerAnswer: Option D
Solution
Answer: Option D
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