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Selena walks with a marked stoop now that she is old. This is most likely due to
Long-Run Equilibrium
A state in which all factors of production and costs are variable, and firms in the industry are earning only normal profits, with no incentive for entry or exit.
Inferior Good
A good or service whose consumption declines as income rises, prices held constant.
Constant Costs
Costs that remain unchanged regardless of the level of production or activity.
Long-Run Equilibrium
A state in which all firms in a market are making zero economic profit, with no firm having an incentive to enter or exit the industry.
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