[Answered] The Big Tradeoff refers to the effect of redistribution on efficiency. Indicate whether the ...

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tatyanajohnson

Hero Member
Posts: 569

on: Jun 29, 2018

The Big Tradeoff refers to the effect of redistribution on efficiency.

Indicate whether the statement is true or false

Question 2

The long-run average cost curve is the relationship between the highest attainable average total cost and output when both the plant size and labor are varied.

Indicate whether the statement is true or false

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kkenney

Sr. Member
Posts: 352

Reply #1 on: Jun 29, 2018

Answer to Question 1

TRUE

Answer to Question 2

FALSE

tatyanajohnson

Member
Posts: 569

Reply 2 on: Jun 29, 2018

Great answer, keep it coming

meow1234

Member
Posts: 333

Reply 3 on: Yesterday

Wow, this really help

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