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provide two examples of increasing-cost industries in ga and propose why they would have a positively sloped supply curve
Diseconomies of scale are mostly due to shortage of factor of production. [ For examples, labor intensive industry in the US which faces shortage of labors.They are such as textile and shoes.Or industry which is facing tough regulations,socially and environmentally such as oil drilling.An increase in output will increase costs. ]
Expert answered|jasonharris161|Points 10|
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Asked 6/9/2012 10:38:18 AM
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