a
a leftward shift of the supply curve
b
a rightward shift of the supply curve
c
a movement along the supply curve
d
an increase in elasticity of supply
Explanation
Correct Option
cNo explanation available
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ADE.me
6 years ago
Myschool the select answer is wrong view this explanation
A long run average cost curve is known as a planning curve. This is because a firm plans to produce an output inthe long runby choosing a plant onthe long run average cost curve corresponding to the output. It helps the firm decide the size of the plant for producing the desired output at the least possible cost.
