Which of the following is constant along the industry long-run supply curve?
A)Technology
B)Number of firms
C)Input prices
D)Price of output

Name: Which of the following is constant along the industry long-run supply curve? A)Technology B)Number of firms C)Input prices D)Price of output
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Question

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In the long run, technology is assumed to be constant along the industry supply curve, as it is a factor that affects the production process and is not influenced by short-term market changes.

Which of the Following Is Constant Along the Industry Long-Run