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Homework answers / question archive / The long-run market supply curve in a competitive market will: A

The long-run market supply curve in a competitive market will: A

Economics

The long-run market supply curve in a competitive market will:

A. be the portion of the MC that lies above the minimum of AVC for the marginal firm.

B. always be horizontal.

C. typically be more elastic than the short-run supply curve.

D. be above the competitive firm's efficient scale.

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