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Market Supply Curve in the Short Run and Long Run
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Problem 10
Market Supply Curve in the Short Run and Long Run
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11. Perfect Competition / Market Supply Curve in the Short Run and Long Run / Problem 4
Problem 4
How do graphs help visualize the transition from short-run to long-run market supply?
A
By showing supply shifts and price changes as firms enter or exit.
B
By showing demand shifts without supply changes.
C
By showing constant supply and price levels.
D
By showing only short-run supply curves.
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