What is the shape of the long-run supply curve in a decreasing-cost industry?

Name: What is the shape of the long-run supply curve in a decreasing-cost industry?
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Question

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In a decreasing-cost industry, the cost of production decreases as output expands. This means that as firms enter the industry and increase production, they are able to produce at a lower cost. This results in a downward-sloping long-run supply curve, as firms are willing and able to supply more at lower prices.

What Is the Shape of the Long-Run Supply Curve in a Decreasing-Cost