-Refer to Figure 9 -9. Which of the following statements is true? A) D_arepresents the long run demand curve facing a monopolistic competitor in a constant cost industry while D_bdepicts the long run demand curve in an increasing cost industry. B) D_arepresents the long run demand curve facing a monopolistic competitor in a constant cost industry while D_bdepicts the demand curve in the short run. C) D_arepresents the long run supply curve in a perfectly competitive constant cost industry while D_bdepicts the long run demand curve facing a monopolizing competitor in a decreasing cost industry. D) D_arepresents the long run demand curve facing a perfect competitor while D_bdepicts the long run demand curve facing a monopolizing competitor.

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The Answer of -Refer to Figure 9 -9. Which of the following statements is true? A) D_arepresents the long run demand curve facing a monopolistic competitor in a constant cost industry while D_bdepicts the long run demand curve in an increasing cost industry. B) D_arepresents the long run demand curve facing a monopolistic competitor in a constant cost industry while D_bdepicts the demand curve in the short run. C) D_arepresents the long run supply curve in a perfectly competitive constant cost industry while D_bdepicts the long run demand curve facing a monopolizing competitor in a decreasing cost industry. D) D_arepresents the long run demand curve facing a perfect competitor while D_bdepicts the long run demand curve facing a monopolizing competitor.