=+ Why is the long-run market sup- ply curve generally more elastic than the short-run supply curve?

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=+ Why is the long-run market sup- ply curve generally more elastic than the short-run supply curve? *

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Microeconomics Private And Public Choice

ISBN: 9780324320367

11th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 28, 2024 05:00 AM

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=+ Why is the long-run market sup- ply curve generally more elastic than the short-run supply curve? *
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=+ Why does the long-run market supply curve generally slope up- ward to the right?
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=+ Why is the long-run market sup- ply curve generally more elastic than the short-run supply curve?

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Microeconomics Private And Public Choice

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