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The Shape of the Long-Run Industry Supply Curve in a Perfectly

question 146

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The shape of the long-run industry supply curve in a perfectly competitive industry is largely determined by:


Definitions:

EMI

Electromagnetic Interference, disturbances that affect an electrical circuit due to electromagnetic induction or radiation emitted from an external source.

Line Voltage Variations

Fluctuations in the electrical power supply voltage that can affect the performance of electrical devices.

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