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Ryanteck Ryanteck
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6 years ago
Consider an output beyond the minimum point of a firm's short run average total cost curve. At this level of output the firm can use its ________ input at a lower average cost but only by using its ________ input at a higher average cost.
A) fixed capital; variable labor
B) variable capital; fixed labor
C) fixed labor; variable capital
D) variable labor; fixed capital
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Akshtsaklani21Akshtsaklani21
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6 years ago
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Ryanteck Author
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6 years ago
Thanks for your help!!
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this is exactly what I needed
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This site is awesome
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