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Author Question: What does the long-run average cost curve show? (Read 16 times)

FButt

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on: May 24, 2019
What does the long-run average cost curve show?
◦ the interaction between average fixed cost and marginal cost
◦ the lowest average cost to produce each output level in the long run
◦ the distinction between long-run fixed and long-run variable costs
◦ the lowest average marginal cost of producing each output level at any time.
◦ Answers the interaction between average fixed cost and marginal cost, the lowest average cost to produce each output level in the long run, and the distinction between long-run fixed and long-run variable costs are correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by FButt on May 24, 2019

fatboyy09

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Reply #1 on: May 24, 2019
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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FButt

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Reply #2 on: May 24, 2019
Thanks


fatboyy09

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Reply #3 on: May 24, 2019
Welcome :)


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