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Mairoon Mairoon
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7 years ago
If a production function is represented as q = LaKb, the long-run average cost curve will be horizontal as long as
A) a + b = 0.
B) a + b = 1.
C) q > 0.
D) L = K.
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Microeconomics

Microeconomics


Edition: 6th
Author:
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LBCeaLBCea
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7 years ago
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Mairoon Author
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#2
6 years ago
Great answer, great website
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