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Solve the inequality. Write the solution set in interval notation.
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Long-Run Equilibrium
A state in which all firms in an industry are producing at their minimum long-run average cost and are earning normal profits.
Units of Output
The measurable amount of goods or services produced by a company or industry.
Internal Economies of Scale
cost advantages that a firm obtains due to expansion, leading to a decrease in the average cost per unit.
Plant
A facility where goods are produced or processed, also referring to the physical capital in production.
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