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Loraine Loraine
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8 years ago
The long-run average cost curve
A) is the sum of a firm's short-run average cost curves.
B) shows the lowest average cost facing a firm as it increases output changing both its plant and labor force.
C) initially rises when output increases and then falls when output increases.
D) always falls as output increases.
E) always rises as output increases.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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8 years ago
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8 years ago
It was nothing, thanks for updating us.
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