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Title: Whenever an input makes up a large percentage of a good's final cost, an increase in that input's price will Post by: spruckj on Mar 2, 2019 Whenever an input makes up a large percentage of a good's final cost, an increase in that input's price will
• cause the firm to shutdown. • affect total cost relatively more. • not affect total revenues. • affect only accounting profits. Title: Whenever an input makes up a large percentage of a good's final cost, an increase in that input's price will Post by: wasan on Mar 2, 2019 Content hidden
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