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Other Fields Homework Help Economics Topic started by: tlc_71111 on Apr 28, 2019



Title: The shape of a firm's ________ run average cost curve depends on how costs vary with ________.
Post by: tlc_71111 on Apr 28, 2019

Question 1.

A perfectly competitive industry's supply curve is upward sloping.



▸ true

▸ false

Question 2.

The shape of a firm's ________ run average cost curve depends on how costs vary with ________.



▸ short; scale of operations

▸ short; no fixed factor of production

▸ long; scale of operations

▸ long; a fixed factor of production


Title: The shape of a firm's ________ run average cost curve depends on how costs vary with ________.
Post by: rand22 on Apr 28, 2019
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