If a perfectly competitive market has external diseconomies, then the long- run market supply curve is

Name: If a perfectly competitive market has external diseconomies, then the long- run market supply curve is
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External diseconomies cause the costs for all firms in the market to increase as the industry's output increases. This leads to a positively sloped long-run market supply curve because as the quantity supplied increases, the price must also increase to cover the higher costs.

If a Perfectly Competitive Market Has External Diseconomies, Then the Long-