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A long-run supply curve that is flatter than a short-run supply curve results from which of the following: a

Economics

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A long-run supply curve that is flatter than a short-run supply curve results from which of the following:

a. Firms can enter and exit a market more easily in the long run than in the short run,

b. Long-run supply curves are sometimes downward sloping,

c. Competitive firms have more control over demand in the long run,

d. Firms in a competitive market face identical cost structures.