Why is the perfectly competitive firm's long-run supply curve identical to its marginal cost curve lying above

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Why is the perfectly competitive firm's long-run supply curve identical to its marginal cost curve lying above its ATC?

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:35 AM

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Why is the perfectly competitive firm's long-run supply curve identical to its marginal cost curve lying above

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The supply curve indicates the willingness of firms ...View the full answer

Principles of Economics

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