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How many feet of interior window casing are required for two windows, each measuring 3 feet by 3 feet 6 inches? Allow 1 foot per window for waste. Do not allow for the stool or apron.
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Industry Expands
This refers to the growth in the production capacity and output of various sectors in an economy, often due to increased demand or technological advancements.
Long-Run Supply Curve
A graphical representation showing the quantities of a good a firm is willing to supply at different prices over a period when all input levels can be varied.
Increasing-Cost Industry
An industry in which the costs of production increase as the industry expands, typically due to factors such as input limitations or regulation.
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