The wage rate increases in a purely competitive industry

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The wage rate increases in a purely competitive industry. This change will result in a(n):

A. Decrease in average total cost for a firm in the industry

B. Decrease in average variable cost for a firm in the industry

C. Increase in the marginal cost curve for a firm in the industry

D. Increase in short-run supply curve for a firm in the industry

Reference no: EM13276640

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