Pls help me with below homwork -) This is not assignment nor exam question, Marshall discussed various types of industries that had different sorts of properties in the long-run. In particular, he discussed a situation in which the long-run industry supply curve could actually slope downwards! Briefly discuss how Marshall felt this possibility might occur.

Pls help me with below homwork -) This is not assignment nor exam question, Marshall discussed various types of industries that had different sorts of properties in the long-run. In particular, he discussed a situation in which the long-run industry supply curve could actually slope downwards! Briefly discuss how Marshall felt this possibility might occur.

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter14: Firms In Competitive Markets

Section: Chapter Questions

Problem 5PA

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