Explain how the short run and the long run supply curve of a firm is derived under perfect competition. - Sarthaks eConnect | Largest Online Education Community
![Why is the long-run industry supply curve in a perfectly competitive market a horizontal line? | Homework.Study.com Why is the long-run industry supply curve in a perfectly competitive market a horizontal line? | Homework.Study.com](https://homework.study.com/cimages/multimages/16/study6570244297238597586.jpg)
Why is the long-run industry supply curve in a perfectly competitive market a horizontal line? | Homework.Study.com
![22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics 22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics](https://open.lib.umn.edu/app/uploads/sites/180/2016/05/11ea0ab01b768e10945ed63013507e32.jpg)