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Long-run supply curve for films

A raise in the demand for video films also raise the salaries of actors and actresses. Is the long-run supply curve for films probable to be horizontal or upward sloping?  Describe.

The long-run supply curve is based on the cost configuration of the industry. If there is fixed supply of actors & actresses, as more films are generated, higher salaries have to be offered.  Therefore, the industry experiences increasing costs.  In increasing-cost industry, the long-run supply curve is rising sloping.  Therefore, the supply curve for videos would be upward sloping.

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