The long-run market supply curve in a competitive market will

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In the long run, firms have more flexibility to adjust their inputs and production levels, leading to greater competition and more elastic supply. The long-run market supply curve is typically flatter than the short-run supply curve, reflecting this greater flexibility. Choices A, B, and D are incorrect. The long-run market supply curve need not be horizontal, is not necessarily related to the minimum of AVC, and may be below the competitive firm's efficient scale.

The Long-Run Market Supply Curve in a Competitive Market Will