The long-run supply curve is horizontal for a constant-cost industry, upsloping for an increasing-cost industry, and downsloping

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The long-run supply curve is horizontal for a constant-cost industry, upsloping for an

increasing-cost industry, and downsloping for a decreasing-cost industry. Explain each

and give an example.

Posted Date: Jun 13, 2024 09:05 AM

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The long-run supply curve is horizontal for a constant-cost industry, upsloping for an increasing-cost industry, and downsloping

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