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When describing firms in a competitive industry we often assume that all firms have the same cost structure. However, this assumption is usually not true in reality. Which of the following would NOT be a possible explanation for why two firms in the same industry have different cost structures?
A. One firm is newer and has more modern equipment that is more efficient
B. One firm is located closer to the source of raw materials and has lower transportation costs
C. There is a higher demand for one Firm's products
D. One firm is older and paid a lower price for its land and factory buildings
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