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Author Question: Consider the short-run and long-run cost curves for a firm. If factor prices decrease, (Read 28 times)

Maddie9229

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on: Oct 12, 2022
Consider the short-run and long-run cost curves for a firm. If factor prices decrease,
◦ the firm will move down along both its long-run and short-run average cost curves.
◦ both the long-run and short-run average cost curves will shift downward.
◦ there will be no change in the cost curves in the long run.
◦ there will be a downward shift in the long-run average cost curve but not in the short-run average cost curve.
◦ the firm will move down along its long-run average cost curve only.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Maddie9229 on Oct 12, 2022

Yermi196

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Maddie9229

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

upturnedfurball

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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