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A spaceship moving past the Earth with a speed of 0.800 c signals to the Earth with pulsed laser photons emitted at 10.0-second intervals according to the spaceship's clock. According to observers on Earth who see the flashes, the time interval they measure is
Long Run
A period of time during which all factors of production and costs are variable, in contrast to the short run where some are fixed.
Market Supply
The total amount of a product or service that is available to consumers, determined by the sum of all individual suppliers' outputs in the market.
Decreasing-cost Industry
An industry that experiences lower production costs as the industry output expands, often due to economies of scale.
Relevant Inputs
Factors or resources that directly impact the production process or decision-making in a specific context.
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