[See Steps] Suppose you own a home remodeling company. You are currently earning a short-run profits. The home remodeling industry is an increasing-cost industry.
Question: Suppose you own a home remodeling company. You are currently earning a short-run profits. The home remodeling industry is an increasing-cost industry. In the long run, what do you expect will happen to:
- Your firm's costs of production? Explain
- The price you can change for your remodeling services? Why
- Profits in home remodeling? Why
Deliverable: Word Document 
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