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The short-run industry supply curve is found by
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, helping businesses better plan for costs.
Standard Operating Procedures
Established or prescribed methods to be followed routinely for the performance of designated operations or in designated situations.
Employee Manuals
Documents that outline a company's policies, procedures, and expectations for its employees.
Zero-based Budget
A budgeting method where all expenses must be justified for each new period, starting from a "zero base," rather than just adjusting previous budgets.
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